New York City Auto Body And Repair Business For Sale

Description

A well-known 50+ year New York City automobile body repair and painting business is for sale. The company specializes in auto body work for both domestic and foreign vehicles. This highly profitable, long-established business generates approximately $1.5M in annual revenue and is considered a “sleeping giant” with significant upside potential for a more aggressive owner to expand operations and increase earnings. Key features include: • Strong, long-standing reputation within the local community • Prime, highly accessible location • Fully equipped facility including a professional paint spray booth • Large fenced yard for vehicle storage • Additional space available for expansion Financials: • Annual revenue: approx. $1.5M • Earnings: approx. $400,000 • Reasonable rent structure Additional opportunity: • First right of refusal option to purchase the property in the future Asking price: $800,000