Business Summary:
Auto Body shop located close to major US Highway in Bergen County. Highway at this point is very accident prone. The location capitalizes on this – location outside parking area always full of backlog of auto work. Car parking outside shop for 13 with 6 to 8 cars inside can use more help. Shop has extremely low overhead. Rent and maintenance charges great lease with only $40 – dollar increases annually. This is a good investment with some individuals who have under $75,000 to invest as owner will take financing for major part of selling price $60,000 down – financing for $90,000 – equipment value over $100,000 – shop does not need any additional equipment – tools go with sale as does inventory – good buy for body shop man with a low initial investment. For further information, please contact 908-851-9040 Ext. 285.
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| Year
Business was Established: 2000 |
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| Number of Employees:
5 |
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| Facilities / Terms of Lease:
6,000 sq. ft. building can fit 8 cars inside 9 with paint room, 20 car parking total. Great lease with only $40 increments annually. A great deal of equipment is new and most under 6 years of age. |
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| Potential
Growth/Expansion:
Getting word out that auto body shop is located there. Advertising! |
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| Competition:
There are several auto body places in area – since they are major highway in an area very prone to accidents. |
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| Owner
willing to finance:
Owner would take 5 year payout for $90,000 at 7 ½% |
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| Owner
willing to train:
two weeks |
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| Reason for selling:
retirement |
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Seller Reference Number: 3998vm
BusinessMart.com Listing Number: 72902 |
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