Business Overview

This 29 year old ‘One of a Kind’ body shop is extremely profitable, and absentee owned and operated. It has long tenured skilled technicians and technologies keeping its costs low while maintaining the highest level of quality in service, attention to detail, and customer satisfaction. This shop offers paint-less dent repair, auto body restoration, painting and refinishing to both corporate and individual customers. The business comes complete with incredible staff, great reviews, and customer base.

Real Estate must be purchased with this business. The asking price is $2,700,000.

This listing is lender pre-qualified which means you can own a business that cash flows almost $460,000 and $2,700,000 worth of Real Estate for only $500,000 down! Inquire for more details!

Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Financial

  • Asking Price: $2,300,000
  • Cash Flow: $436,091
  • Gross Revenue: $2,987,338
  • EBITDA: N/A
  • FF&E: $350,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1993

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:25
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

20,000 SF - Industrial

Is Support & Training Included:

Yes, 4 weeks.

Purpose For Selling:

Retirement

Additional Info

The venture was established in 1993, making the business 29 years old.

The business has 25 employees and is located in a building with estimated square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell businesses. Nonetheless, the true factor vs the one they tell you might be 2 absolutely different things. As an example, they might say "I have too many various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might simply be excuses to try to hide the reality of altering demographics, increased competitors, recent reduction in incomes, or an array of various other factors. This is why it is really essential that you not depend completely on a seller's word, but rather, utilize the vendor's answer combined with your general due diligence. This will paint an extra sensible picture of the business's current scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of operating businesses take out loans with the purpose of covering points such as supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can indicate that profit margins are too thin. Lots of companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that need to be fulfilled or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in new clients? Many times, businesses have repeat customers, which develop the core of their day-to-day profits. Specific elements such as brand-new competition sprouting up around the location, road building, and employee turn over can impact repeat clients and also adversely affect future earnings. One essential point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business on a regular basis, the higher the chance to construct a returning client base. A last idea is the general location demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Just how might the neighborhood typical family earnings effect future revenue prospects?