Business Description

An Auto Body Shop business is available for takeover, with 3.5 years remaining on the lease which can be extended. The 5000 square feet space is equipped with essential shop equipment including a paint booth, lift, compressor, and offices. The lease transfer includes shop equipment, with an asking price of $60,000. The total monthly expenses amount to $6,809.13, with potential gross rent income ranging from $750,000 to $850,000 annually. The current lease terms include a monthly CAM charge of $1,077.09, real estate tax estimate of $717.02 for July, and a gross potential rent of $5,015.02. This business opportunity is suitable for someone looking to step into an established operation, with potential for growth. The previous owner will be taking their brand name, hence this is strictly a lease transfer. With the provided shop equipment and existing income range, this opportunity presents a viable option for the right individual aiming to