For Sale
$1,300,000

875 Broadway Newark, NJ 07104

Turnkey Autobody Business, 4,500 sqft, High Profits

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional opportunity presents a well-established autobody collision repair business located at 875 Broadway, Newark, NJ, 07104, in Essex County. Boasting a 40-year history operating as "Body Master," this turnkey operation is being offered for sale due to the owner's retirement. The 4,500 square foot facility includes a comfortable office space, two bathrooms, and a spacious garage bay equipped with radiant heat for optimal working conditions year-round. The business comes complete with a comprehensive suite of high-quality equipment, including a Down Draft Sigma Spray Booth, a Chief Easy Liner-Frame Machine, a Miller Spot Welder, a Paint Mixing System, Jacks Mills, a Mohawk Lift, and a powerful 10-horsepower compressor housed in the basement. Currently employing five skilled technicians, the business enjoys a loyal customer base and a proven track record of profitability. All necessary licenses and permits are in place, ensuring a smooth transition for the new owner. The lease terms are negotiable, and the seller is open to financing options, including potentially holding a portion of the mortgage. This represents a rare chance to acquire a profitable, established business with significant growth potential in a desirable location. The asking price for this exceptional opportunity is $1,300,000.

Highlights

  • Established autobody collision repair business, "Body Master," operating for 40 years at 875 Broadway, Newark, NJ.
  • 4,500 SF facility with office, two bathrooms, and heated garage bay.
  • Turnkey operation includes high-quality equipment (spray booth, frame machine, welder, etc.).
  • Five-technician team, loyal customer base, and profitable history.
  • All licenses and permits in place; lease and financing terms negotiable.
  • Asking price: $1,300,000.

Property Details for 875 Broadway

Property type
Commercial real estate

Location Insight

City
Newark
County
Essex
State
New Jersey
Latitude
40.7793554
Longitude
-74.1554603

FAQs

What type of property is this?
Commercial real estate - Turnkey Autobody Business, 4,500 sqft, High Profits
Where is the commercial real estate located?
The property is located at 875 Broadway Newark, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Established autobody collision repair business, "Body Master," operating for 40 years at 875 Broadway, Newark, NJ.; 4,500 SF facility with office, two bathrooms, and heated garage bay.; Turnkey operation includes high-quality equipment (spray booth, frame machine, welder, etc.).
How can I contact the broker?
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875 Broadway
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