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 expansionFinancials:• Annual revenue: approx. $1.5M• Earnings: approx. $400,000• Reasonable rent structureAdditional opportunity:• First right of refusal option to purchase the property in the futureAsking price: $800,000