Well-Equipped Collision Shop In Affluent Metrowest Town For Sale

Middlesex County, Massachusetts

Listing ID: 1263

Financial Information
Asking: $395,000
Gross: 1,200,000
Cash Flow: $230,000
Financing: With $200,000 down, seller will finance balance at 8% for 5 years.
Seller financing is available

Summary Description-Auto Repair Business For Sale

This successful body shop has what a buyer is looking for. It is located in a MetroWest town with incomes well above average. The shop has been established for 20 years and enjoys an excellent reputation. With a state of the art downdraft spraybooth and frame equipment, this shop has the equipment needed to repair all of today’s automobiles. This body shop is a referral shop for all the major insurance companies. Some Massachusetts’ insurance companies have recently established “preferred” shops, make it desirable for their customers to use these shops, and send work to these shops. These shops must meet equipment and facility requirements and have satisfactory CSI ratings. This shop is a preferred shop for a major insurance company.

General Information
Facilities: The building is approximately 5,000SF. Rent is $5,200 per month. The shop does not have a lease, but the landlord would give a lease to a buyer.
Growth and Expansion: A new owner could seek to expand the “preferred shop” relationship with more insurance companies. There is room for expansion of the business’s customer base through more marketing such as Internet marketing as well as mailings and special offers.
Support/Training: Seller will stay to accomplish a smooth transition.
Reason Selling: Other Interests
Year Established: 1990
Employees: 7

Contact Information
Contact: Marc Gudema
Phone: 617-562-5700

BayState Business Brokers, 60 Leo Birmingham Parkway Suite 1L Boston, MA 02135

                                              T: 617-562-5700, F: 617-562-5701

info@mabusinessbrokers.com