Business Summary:
LISTING ID # 33169Established over 45 years ago, this exceptional auto body collision shop operates across two convenient locations. Boasting a capacity for 10 cars, the shop features a spacious spray booth, a large paint room, three frame machines, multiple car lifts, two office areas, a welcoming waiting room, a parts room, and ample storage space including a fenced lot and shelter. With extensive off-street parking and numerous amenities, this facility can accommodate over 50 cars both inside and around the premises. The seller oversees shop management while not directly involved in bodywork. A favorable lease arrangement with first right of refusal is in place. The sale includes $50,000 worth of paint and over $250,000 in modernized equipment. There is potential to expand the shop by removing two walls, allowing for additional capacity to service four more cars. Located in a beautiful area of Suffolk, the shop enjoys excellent visibility. The seller, retiring, is willing to stay on for six months at a salary. Flexible financing options may be available, and qualified buyers are encouraged to explore SBA or business loan options. The seller maintains meticulous financial records, and the business is priced competitively, offering strong profitability and potential for further growth. Additional revenue streams such as towing can be incorporated by the buyer. For inquiries, please contact Vested Broker Jim Aloi at 631-375-4100.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33169 for instant access to this business information.
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