Auto Body Repair & Painting
| Asking Price: | $600,000 | Inventory: | |
| Gross Revenue: | $750,000 | Real Estate: | n/a |
| Cash Flow: | $235,000 | FF&E: | $150,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
High Income Best in Class Business
This company is a privately held business that performs automobile body repair and automobile painting. The company is well known for its quality of work and service. As a result, repeat customers account for 60% of its business. Most new customers are referred by satisfied customers. The company has established relationships with insurance companies to perform work for their policy holders. This is a steady revenue stream and is sustainable over the long term. Consumers and insurance companies account for approximately 90% of revenues. The remainder is derived from government contracts. A number of government agencies have designated the company as a preferred vendor. They have recently been granted a three year contract for all of the local County’s government vehicles. The company has a fully equipped technologically current facility. It is staffed by long term highly qualified craftsmen.
About the Business
Year Established:1978
Employees:3 full time - 1 part time
Facilities:The business is located near the town’s main business street. The property and building is owned by the seller and everything is well maintained and in excellent condition The shop has almost 4,000 square feet of space enabling concurrent work on 10 cars. The building sits on an acre plus lot with secure parking for customer vehicles The owner will consider an offer to purchase the property, or will grant a lease on favorable terms.
Market Outlook and Competition:There are four other major body repair and paint shops within a 20 mile radius. All have been in business for many years. Zoning restrictions make it extremely difficult for new facilities to enter the area.
About the Sale
Management Training and Support:The seller will provide up to four weeks of training at no charge. The training may, at the buyer’s discretion, be scheduled in segments to accommodate business flow. The seller will be available after training to consult.
Reason For Selling:Retirement
KEYWORDS: auto,automobile,car,repair,paint,collision
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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