Well Est. Auto Body/Sales + Real Estate on Main St., West Warwick, RI

Undisclosed Address, Rhode Island
Business Opportunity for Sale
Catylist Listing ID: 30241776
Property Subtypes: Auto Related
Building Size (RSF): 4,014 SF
Sale Price: $699,000
Year Business Established: 1983
Gross Revenue: $380,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to seller
Last Updated: 5/21/2018

Overview / Comments

Auto Body...Auto Service & Sales + Multi-family rental property included.
Towing service available, Large fenced in secured pave lot area.
Plat 9, Lot 98... approx. 16,000 sq.ft. lot... R.E. tax / yr. approx. $9,070.
List of equipment included in sale available.

35 YEAR WELL ESTABLISHED AUTO BODY, SERVICE & SALES BUSINESS WITH REAL ESTATE: APPROX. 4000 SQ.FT. BUILDING + OUTSIDE / ATTIC STORAGE SPACE ON .367 ACRE WITH FENCED PAVED AREA. ALSO INCLUDED IN SALE IS A MULTI-FAMILY RENTAL PROPERTY, BUSINESS WITH EQUIPMENT & INVENTORY. UP-TO-DATE LICENSES, CONTRACT BUSINESS CLIENTELE.

Additional Details

Industry Segment: Auto Body and Repair
Reason for Selling: Owner retiring.
Value of Inventory Included ($): $25,000
Value of Furniture, Fixtures, and Equipment ($): $50,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: Prefer to sell business and real estate.
Employee/Labor Description: Current staff may be available thru transition period.
Mgmt/Training Support Description: Owner possibly available thru transition period.
Competition/Market Description: Centrally located within state with easy access to highways, business districts and residential areas+ surrounding communities.
Growth/Expansion Opportunities: Long time client following + corporate contracts...Towing license.
Seller Financing Description: Possible...Negotiable.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,055 20,947 38,640
Median Age: 41.9 43.9 44.31
Households: 433 8,398 14,886

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