Renovated Auto Body Shop with Real Estate

Listing Number: 6842-499244

Description

Must see shop for serious auto buyers as the shop has one of the nicest interiors that you can find. The real estate must be included in the sale and is worth approximately an additional $1.025m. The facility is located 15 minutes from the Lincoln Tunnel and off a local highway. The shop has the latest in technology with over 14 4k-surveillance cameras. The business has a beautiful gate that can be remotely opened and closed which is great for an off hours drop off or pickup. The interiors of the office are very attractive and professional. LED lighting all over the shop. Owner wants to relocate. Please note the gross sales and SDE numbers are based upon the averaging out of the first five months of 2022 and projecting them out for the rest of the year.

Listing Details

• Price: $825,000
• Down Payment: $825,000
• Sellers Discretionary Earnings: $255,113
• Total Sales: $1,396,153
• Location: Essex County, New Jersey


• Inventory: $5,000
• FF&E: $185,000
• Employees: 6
• Reason for Selling: Relocate
• Category: Automotive