Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840

BUSINESS PROFILE

Auto Body and Paint Shop

      Location:                                                    Northern New Jersey

     Years in Business:                                    41

     Under Present Owner:                              22

     Rent:                                                            $8,100 + CAM

     Number of Employees:                             9 full-time

     Asking Price:                                              $   399,000

     Annual Receipts 3 Yr Avg:                       $   932,837

    Cash Flow 3 Yr Avg:                                   $   133,124

     FF&E:                                                          $   150,000

     Inventory:                                                   $     5,000 included in purchase price

     Reason Selling:                                          Retirement

Business Highlights:

• Six figure income
• Recession resistant
• Fleet, consumer and insurance referred business
• Highly visible 12,000 sq. ft. location
• Ample parking, storage and customer seating
• Steady experienced workforce
• Auto-Body experience not required

Summary Description:

This automobile painting and body repair business has been operating profitably for 40 years. Well known for excellent service and value, this business has been steadily growing and is as recession resistant as you can get. Reliable well-trained employees are in place and seller will provide training to ease the transfer of the business to buyer. The desirable location, consistent revenue growth, proven track record in the market, and an industry that continues to expand combine to make this an attractive business opportunity.