Business Summary:
Profitable Auto Body collision repair business with option to purchase the real estate located on an active state highway in Sussex County, Northern New Jersey. The business has been at this location for many years and is fully equipped with up to date and state of the art equipment which is required for high volume production. The sale includes long term relationships with various businesses including numerous insurance companies. The business has a yearly income of $625,000 and a net income of $165,000. The shop is very spacious consisting of 4,000 square feet with various areas designed for different repairs. The site consists of one acre and will support parking for 40 vehicles. This transaction includes all existing equipment consisting of various support equipment, paint equipment, repairs tools, etc with a minimum value of $150,000. No nearby auto Repair Company s are a direct competitor to this business and the seller will supply a non compete agreement to the purchaser. With an improved marketing plan this auto body business can be further improved representing a higher net profit to the owner operator. The business location has private parking for forty vehicles. The business is active six days weekly Monday thru Saturday with hours from 8:00 am to 5:00 pm. The business has municipal & state licenses to conduct auto repair business at this particular location. The business also has numerous The owner is retiring after many successful years in this industry and enjoys a wonderful reputation in the area. This is a solid opportunity to take over this successful business and seller financing is available for a qualified purchaser.
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| Year
Business was Established: 1960 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
The facility consists of 4,000 square feet, with a high production capacity including an indoor repair area for nine vehicles. The facility has a modern professional appearance, with a private office and is fully equipped to conduct a high volume production. The business is located in Northern New Jersey on a highly active State Highway in Sussex County, New Jersey with an large population that requires this service. |
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| Potential
Growth/Expansion:
With an improved marketing plan this auto body business can be further improved representing a higher net profit to the owner operator. |
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| Competition:
No nearby auto Repair Company s are a direct competitor to this business and the seller will supply a non compete agreement to the purchaser. |
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| Owner
willing to finance:
Seller financing is available to qualified buyers. |
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| Owner
willing to train:
The seller will supply a 30 day transitional period, will remain post closing for an additional 60 days. |
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| Reason for selling:
The seller is retiring after many successful years in this industry. |
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Seller Reference Number: AUTO143
BusinessMart.com Listing Number: 115451 |
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