Buy an Auto Body Repair Land Downtown Priced to Sell For Sale business for sale in Worcester on BusinessesForSale.com

  • Advert ID: 576967
  • (Seller ref: 879475)

Auto Body Repair Land Downtown Priced to Sell For Sale


Location:
Category:

Listed by:

Asking price:
$599,000
Sales revenue:
$420,000
Net profit:
$110,000
Years established:
1947
Employees:
4 full time, 2 part time


Here is a 26 year old autobody repair shop with all the business it can handle. Owner is tired and eager to step aside and retire. TOns of insurance work and a great reputation keeps everyone busy.


Real Estate:
Real Property Included
Location:
Two adjacent lots house the office (1,600 sq. ft.) and garage (3,000 sq. ft.). These lots are walking distance to downtown and next to a new $9M library that is about to open. Major renovations surround this location.

Expansion potential:
Growable: Increase revenue even more by opening Saturdays or evenings!
Competition / Market:
Market outlook is excellent! The good autobody shops are getting harder to find.
Support & training:
Management will train for six months and then leave. All key employees will remain, including the shop manager. Owner functions only as an owner.
Reasons for selling:
Owner is "just too old."
Trading hours:
M-F, daylight
Financing available:
180K over 5 years at 8%. Real estate valued at $450,000 is included in the Asking Price.
Furniture / Fixtures value:
$100,000
Inventory / Stock value:
$5,000
Related documents:

For more information about this business for sale, click the Contact Seller button.

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