Trusted Collision Repair Specialists
$1,300,000
Brooklyn, NY
Gross Revenue
$2,627,276
Owner's Cash Flow
$682,902
Min Down Payment
$130,000
Employees
6FT
Business Summary
The business, a trusted name in collision repair, has been a family-owned and operated business for three generations, originally starting as the first auto body shop in town. Established in 1952, this automotive repair center has stood the test of time, serving the community with dedication and expertise.
Key Highlights
Year established
1952
Real estate
Owned will sell or lease
Real estate asking price
$2,500,000
Reason for selling
After successfully operating and growing the business, the current owner is looking to spend more time with family.
Support and training
The current owner is willing to stay on for up to 6 months to help with the transition.
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $4,593 | $1,482 | $490 |
| COGS | $9,784 | $7,525 | $4,285 |
| Gross Income | ($5,191) | ($6,043) | ($3,795) |
| Operating Expenses | $3,207 | $3,710 | $8,414 |
| Operating Incomes | ($8,398) | ($9,753) | ($12,209) |
| Net Other Income (Expenses) | ($5,912) | ($9,257) | ($1,920) |
| Net Income | ($14,310) | ($19,010) | ($14,129) |
| Interest | $4,924 | $9,888 | $1,632 |
| Depreciation | $1,155 | $8,211 | $700 |
| Amortization | $1,381 | $2,852 | $8,211 |
| EBITDA | ($6,850) | $1,941 | ($3,586) |
| Add-backs | $49,508 | $68,629 | $58,026 |
| Owner's Cash Flow | $42,658 | $70,570 | $54,440 |
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Projected Free Cash Flow
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