Very Profitable Body Shop / Collision & Restoration Center!

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Asking Price:
$299,000

Gross Revenue:
$233,308
Cash Flow:
$178,195
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$92,000
included in asking price

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Business Description

This business makes bank!

You can do it all in an approved facility for your own body shop, restoration shop.

This facility is approved by the DMV, an Authorized Insurance Repair Shop and is a very busy collision and restoration center.

The seller has specialized in Classic Cars & Hot Rod Restoration in a sought after location in Las Vega, Nevada, Since 2016. Additional business comes from an RV Rental business and other area businesses.

The seller offers not only full restorations, they also provide expert detail services collision work/Mechanical/Upholstery/Custom Paint/Body and Fabrication of steel and aluminum

This facility includes. 4 bays, almost new down draft paint booth, mixing system, 2 lifts, 2 office space, 3 bathrooms, A/C in offices and (4) swamp coolers in warehouse space.

The business currently has 3 painter/body work/mechanical independent contractors employed. 1 of the independent contractors is qualified to put together work estimates. Each uses their own tools.

This 4,661 square facility is located near McCarran Airport Park 2000 area. It's a turnkey business with a great reputation for restoring classic cars, mechanical work, Insurance/Collision work .

Through the years the seller has received great reviews on Yelp. The right Buyer can take charge of this profitable turn-key operation.

The Seller maintains financial records and a great book of business with vendors/distributors and is committed to make a easy transition for a new owner.

The listed price is below 2x SDE and is a GREAT BUY! These numbers are based on YTD through July 2018 alone! On track to make $301,116 this year!! Each year has seen better cash flow than the previous year.

If you would like to Own a functional, fully-equipped, busy body shop/auto restoration operation then this business is a must buy for you.

About the Business

Year Established:
2016
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
4,661
Lease Rate/Sq. Ft./Mo.:
$0.69
Lease Expiration:
5/31/2019
Facilities:
Restoration/Collision & Auto Repair Shop. This facility includes: 4 bays with roll up doors (1 Bay is occupied by the paint booth), new down draft paint booth, mixing system, 2 lifts, 1 rotisserie, 2 office spaces, 3 bathrooms, A/C in offices and (4) swamp coolers in warehouse space.

This 4,661 square facility is located near McCarran Airport Park 2000 area. It's a turnkey business with a great reputation for restoring classic cars, mechanical work, Insurance/Collision work .
Market Outlook/
Competition:
No competition within a 5 mile radius.
Growth & Expansion:
A buyer can expand this location to renovating all types of vehicles, add work on newer vehicles. Adjacent warehouse space may be available for expansion.
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About the Sale

Reason For Selling:
Pursue other business opportunities
Training/Support:
Seller may be willing to stay up to 30 days at up to 30 hrs a week to help train, and transition the buyer to the business and introduce to vendors/distributors. May also be available on a paid consultation basis after the 30 days are finished.
Seller Financing:
Seller may finance a portion of the sales price

Listing Info

ID:
1542105
Ad Detail Views:
1019

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Business Listed by

John & Eileen Prudhont

The Business Brokers, LLC.
License# BUSB.0006958.BKR & BUSB.0006956.BKR

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