Classic Car Restoration, Sales, Service

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Asking Price:
$1,200,000

Gross Revenue:
$4,984,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$1,200,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This is a profitable car restoration, sales, and service business strategically located and offering restored classics and premier quality used cars. Their Service Department restores cars for sale profitably because of its direct on-site repair/restoration services. This means cars can be offered for less and with guaranteed quality that the company can stand behind. The skilled and loyal staff has been with this family-owned company for years and plan to stay so a new owner would simply pick up the business as-is and be profitable right away. Because the owner has been stepping back recently, the staff has been running self-sufficiently. The owner currently buys cars at auctions and bring them in for restoration. Strong departmental leadership.

About the Business

Year Established:
2004
Number of Employees:
15
Real Estate:
Leased
Lease Amount/Mo.:
$17,800.00
Facilities:
3 corners of a busy auto row
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Owner will train

Listing Info

ID:
1421022
Ad Detail Views:
180

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Business Listed by

Randi Edwards, CBB, CBIS

KR Business Brokers - 4258

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