57 year Muscle Car Mod and Restoration Business - 3 yrs of Projects

Asking Price$485,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$596,000

Inventory$25,000
Not included in asking price
FF&ENot Disclosed

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57 year Muscle Car Mod and Restoration Business - 3 yrs of Projects


Asking Price$485,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$596,000

Inventory$25,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Born from racing cars in the 60's and 70's this owner has lived his passion for American muscle cars his entire career. Two very capable and experienced employee's are hands on every project that comes through the door. A handful of project cars are worked on at a time with skilled sub-contractors that rebuild existing engine or deliver new in-crate depending upon clients wishes. There is THREE YEARS of work on the books for the new owner.
About the Business
Years in Operation
58
Employees
2 Full-time
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
The business is currently operated in a large garage at the owners home. They charge $2,500k per month rent to business so this cost can be absorbed by an existing automotive repair and restoration business. Basic lifts and equipment associated with the business will transfer. Person tools remain with employees and Seller. These business is easily relocatable to an existing automotive shop. (Home Based)
Market Outlook / Competition
Very few automotive centers operate at this high level in Arizona. Many are in Southern California, Texas and Southeast. This is a rare opportunity to step into a legends business and continue to grow and provide excellent service on muscle cars.
Opportunities for Growth
Well known name and trademark & logo can be used for merchandise sales and promotion. Over $900,000 in the que for 14 cars that have committed to frame-up restorations projects that convey to the new Owner. Two highly skilled automotive technicians that can train new upcoming talent on the proper methods for car restorations. Restoration projects are to clients nationwide and even a few in Europe. High-end high dollar work for the right buyer.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
$2,500 per month
About the Sale
Seller Motivation
Retiring from Drag Racing and Restoration business
Transition Support
Seller will introduce buyer to all clients and customers of the business as an investor/partner. Owner is very respected in the industry and wants to ensure customers remain with the business and get the same quality product on all restorations.
Financing Options
Seller will carry Note for up to 24 months
Listing Info
ID
2532941
Listing Views
12

Listing ID: 2532941 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. See our full Terms of Use. Learn how to avoid scams.