Established Autobody Repair Shop for Sale in Queens, NY

This listing presents a well-established and profitable auto body repair shop located in the bustling Richmond Hill area of Queens, New York. With 34 years of continuous operation since 1991, the business boasts a loyal customer base and a strong market reputation, evidenced by its high Google rating. The facility spans 9,800 sq ft and is equipped with essential operational assets including three electronic lifts and a spray booth, all compliant with environmental standards. The business holds all necessary licenses and permits, distinguishing it from unlicensed competitors in the vicinity. Financials show an annual revenue of $1,000,000. The asking price is $500,000, with favorable lease terms of $13,000 per month for the next 4 years, including an extension option. The retiring owner is motivated to sell and will provide training support to ensure a smooth transition. Significant growth opportunities exist, such as expanding services and leveraging a unique dual-address setup for a potential towing operation. This is a turn-key opportunity for an investor seeking a solid business with substantial upside potential in a prime location.