Body Shop With Property In Daytona Beach For Sale

Business description

Body shop has been in the same location for 25 years. Seller is willing to offer financing to a qualified buyer with body shop experience. Understanding how to write estimates and dealing with insurance companies a big plus, as shop is a DRP for large insurance companies. There is a two bedroom home located on the property, that seller rents to college students for $5,400 a year, which is not included in the numbers, so buyer's can move in to home or continue to rent.

Property information

Real Estate:

Real Property Included

Living accommodation:

There is a separate 2 bedroom residential rental property with no long term lease. A new owner could live in the property.

Premises details:

5,000 sq.ft building with a separate 2 bedroom residential rental property. Rental income not included in the revenue statement.

Business Operation

Expansion potential:

Business only accepts insurance work. New owner could expand the number of insurance companies and take in "Street" work to increase revenues.

Competition / Market:

One of only 3 DRP's in the area

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 8:00 A.M. to 6:00 P.M.

Employees:

2

Years established:

25

Other information

Support & training:

Seller will provide a training and transition period of 2 weeks included in the sale. Seller is willing to stay on in a part time capacity for an additional fee.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

For Qualified Buyer - $225,000 dn. Bal. over 60 mo. at 8% int.

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$1,000 (included in the asking price)

Lease asking price:

$ (Furniture / Fixtures and Inventory / Stock included)