Status: Active

Auto Body Shop focused on Insurance Repair niche in Business 42 Years - Business with property

Sarasota
$ 1,749,000 -
Legacy Auto Body repair shop in prime Sarasota commercial area close to downtown.The Company has been owned by the same family and in Business for 42 years.Very well known service provider to auto insurance industry. It includes the Business goodwill,all clients,vendors and the Real Estate consisting of a +/-13000 sq ft building on just over 1/2 an acre.The company has a niche in so far as its predominant clients are well known Auto Insurance Companies.The owner and his team assess auto damages to facilitate insurance agencies with the settlement of claims.In order to avoid Bank red tape and to simplify the buying process,the SELLER is willing to FINANCE with $600,000 Down and carry a note for $1,250,000 amortized over 30 years @6% with a balloon in 10 years. REAL ESTATE Value $1.35m
INVENTORY INCLUDED -  No
REVENUES -  $ 820,347
REAL ESTATE -  yes
CASH FLOW -  $ 148,000
YEAR ESTABLISHED -  1976
FF&E -  $ 304760
EMPLOYEES -  5
LISTING ID -  42
MLS CODE -  Not Disclosed

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The information in this listing has been provided by the business seller. The business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.