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Large Auto Body Shop In New York For Sale

New York, US
Asking Price:
$1,950,000
Sales Revenue:
$3,000,000
Cash Flow:
$650,000

LISTING ID # 36315

For sale in a large, busy auto body shop in Westchester County, New York that has been owned and operated by the same owner for the last 63 years. This collision shop is well equipped with a super reputation for its great spray booth, mixing room, frame machine, lifts, and other updated collision equipment. The seller is also the landlord and will provide a long favorable lease to the new buyer. Lease terms to be $20,000/month for the body shop and side yard. Excluded is the rear yard. Triple net lease tax less than the percentage for the rear yard square footage, three months security deposit required. For more information, please contact the broker Pietro Siciliano. Please note: Proof of funds is required before the seller releases any financial information. Additionally, the letter of intent must be signed simultaneously.

Business Operation

Reasons for selling:

Retirement

Employees:
11 FT
Years established:
63

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$750,000
Inventory / Stock value:
$75,000