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#Business ID: 19214

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Franchised Auto Repainting And Collision Repair Business

Business Location: Brooklyn, Kings, New York, United States

Asking Price: $ 475,000 Revenue: $ 800,000 Cash Flow: $ 254,789

[Furniture / Fixtures included]

Business Summary

The business has been established for 16 years and is consistently profitable. It is part of a national franchise and has exclusivity in the Brooklyn market area. The owners promote the business with extensive traditional advertising and a robust website that generates the majority of their business. The franchisor provides additional advertising support.

The pricing is competitive with high profit margins and high turnover.

Body repair technicians are paid a commission on labor for each job.

The average job is $550.00 to $950.00.

The businesses have experienced 12% to 15% growth over the past 3 years.

The profit margin is 30% and the business nets over $250,000.00 with owner salary of $1,000/.week included in expenses.

If you are a good at sales this is a business for you.

Make your best deal for a great business.

Facilities: This auto collision repair & painting shop available is in approxianately 11,000 SF building. The location has long term lease and portion is rented. The facility is fully equipped and is part of a national franchise.

Property Details

Years Established:

1995

Property Type:

Lease

FF&E:

$ 200,000

Other Business Details

Competition:

The business has the exclusive rights for Brooklyn. The facility is licensed for auto repair and painting and NO new permits are being issued in NYC. A typical paint refinishing job is 30% more competitive than traditional collision repair & painting businesses. They specialize in paint refinishing which is much more profitable and has a faster turnaround time than major collision jobs.

Expansion Potential:

Auto repair can be added to the location. There is enormous potential for wholesale paint refinishing work from car dealers and car rental companies.

Business Operation Details

Employees:

6

Support & Training:

Seller will fully train. No experience needed.

Miscellaneous Details

Financing Available:

Yes
Financing available.

Reason For Selling:

Partner dispute.

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