Hot Listing

Classic car Builder and Restoration shop location near beach town

Asking Price$400,000

Cash Flow

EBITDA$481,000

Gross Revenue$850,000

Inventory$100,000
Included in asking price
FF&E$150,000
Included in asking price
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Hot Listing

Classic car Builder and Restoration shop location near beach town


Asking Price$400,000

Cash Flow

EBITDA$481,000

Gross Revenue$850,000

Inventory$100,000
Included in asking price
FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
Established Car Restoration and builder brand with even more growth potential. All equipment and staff ready to hand off to someone ready to own and run their own Gas Monkey Garage. If you want to retire and live in at the beach and build classic cars through a talented team of craftsmen, then this is it. The owner is only asking a percent of the value so new owners can come in and hit the ground running with plenty of cash flow and business in place. There is no marketing needed and knowledgeable staff to help advise moving forward if you are a car lover without the knowledge to perform the work. We build on average 6 cars a year for clients all over the country specializing in international scout 800 and ford broncos. We also restore classic cars as well as Resto mods for local clients. Very trusted brand in the very large classic car market. I will gladly stay on for 60 day and hand off all projects and show what has worked since 2013 for me in the business. I can also stay longer if needed or be contacted for help on special projects if you would need it. I am retiring and moving an hour north to run family business part time and can easily commute if needed for consulting the first year. You can walk in the door with revenue and profit as well as scheduled projects into the next 20 months. The
leads come in weekly at no cost and you can choose the projects you want to take on . You can easily grow the business if you choose to do more volume. I simply kept it at an easily manageable pace for my family schedule.
About the Business
Years in Operation
9
Employees
11 (6 Full-time, 5 Contractors)
full 40 hr time 1099 employees in each skill set required for 900-1 mill in annu
Facilities & Assets
8500 SQ ft building with climate-controlled shop, Heated downdraft paint booth, automotive lifts, pallet shelving for parts,,40 'parts storage container located on property, welders/metal working equipment for fabrication, all body shop equipment for refinishing, vacuum sanding system, media blast cabinet and bag house, parts washers, hot water pressure washer system, employee bathroom in shop, office with bathroom climate controlled, break room, tons of small equipment not listed , metal carts , jigs, rotisserie ,
Market Outlook / Competition
Market growth each year of over 15%. Business can be grown but only kept at current stage due to owner retiring. Plenty of increase revenue streams in the market and business if desired.
Opportunities for Growth
Growth opportunities are easily achieved with personnel additions and minimal equipment needed. The Collison business in not pursued by current owner but shop is equipped to handle it and could be additional 500k a year in business if new owner would like to.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
8,500
Rent
$4,300.00 per month
About the Sale
Seller Motivation
Retiring and going to help run family business a few hours away and only work pa
Transition Support
Current owner can stay on for training and client handoffs for agreed time range of 90 days with agreed compensation. This is well established easy to run business that can be handed off with less then 60 days . Seller can be contacted for contract work if situation would arise in next 12 months to assist .
Financing Options
Will offer some owner financing TBD
Listing Info
ID
2474258
Listing Views
156

Contact Seller

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Business Listed by: Chris Hobbs email me at Josephchobbs@gmail.com

Listing ID: 2474258 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.


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