Hot Listing

Highly Awarded 31 Year Auto Body Shop

Asking Price$650,000

Cash Flow
$190,380
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$725,155

Inventory$25,000
Included in asking price
FF&E$179,000
Included in asking price
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Hot Listing

Highly Awarded 31 Year Auto Body Shop


Asking Price$650,000

Cash Flow
$190,380
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$725,155

Inventory$25,000
Included in asking price
FF&E$179,000
Included in asking price

Seller Financing Available
Business Description
Experienced Staff Able to Handle Wide Variety of Projects
This 31 year old business primarily focuses classic car restorations, service and complete collision body shop repair. The shop currently has backlog time of three to four months for classic restoration work. The shop employees are all trained and certified in I-Car Gold Class Certification, & I-Car trained Technicians. Welding Certifications and many car show awards.
About the Business
Years in Operation
31
Number of Employees
5
Market Outlook / Competition
While there are many collision and autobody shops located in Salt Lake County; Classic Restorations has a competitive advantage with long standing 31 year operational history, short cycle times on vehicles. This business deep seated knowledge in the handling and restoration of classic cars is second to none in the Salt Lake Valley.
Opportunities for Growth
With the addition of adding traditional body work to the shops service line three years ago this aera could benefit from a more robust marketing effort. Currently the business does not participate in any traditional marketing. Current marketing and brand awareness is from classic car show participation.
Real Estate
Owned or Leased
Leased
Rent
$4,000.00 per month
About the Sale
Seller Motivation
Other interests
Transition Support
2 week
Listing Info
ID
2407364
Listing Views
224

Contact Seller

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Business Listed by: Paul Stanworth Transworld Business Advisors of Utah County

Listing ID: 2407364 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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