Listing ID: 82087
Business Overview
Long standing highly reputable fully-equipped and profitable Automotive Paint and Body Shop located in Omaha, Nebraska. This is a unique opportunity to own a full-service well established automotive center, body and detail shop that has earned a sterling reputation for outstanding service and reasonable prices and has benefited from repeat business from their loyal customer base as well as new customers. The facility around has 6,000 sqft. under roof. Very easy to show, HD Video Available.
Financial
- Asking Price: $295,000
- Cash Flow: $98,500
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2005
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:6,000
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
This business rents around 6000 SqFt in order to service the vehicles the clients bring in. Great shop set up in which to work.
Seller will provide 2 to 3 months of training and transition to the Buyer
Seller has other business opportunities
Additional Info
The business was founded in 2005, making the business 17 years old.
The company has 3 employees and is situated in a building with disclosed square footage of 6,000 sq ft.
The property is leased by the company for $2,690 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons people choose to sell operating businesses. Nonetheless, the true factor vs the one they tell you might be 2 entirely different things. For instance, they may state "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might just be reasons to try to hide the reality of altering demographics, increased competition, recent decrease in revenues, or an array of various other factors. This is why it is extremely important that you not rely totally on a vendor's word, yet rather, use the seller's answer combined with your total due diligence. This will paint an extra sensible image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses take out loans with the purpose of covering things such as supplies, payroll, accounts payable, etc. Bear in mind that occasionally this can mean that revenue margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that need to be fulfilled or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location draw in brand-new clients? Often times, businesses have repeat consumers, which develop the core of their day-to-day earnings. Particular aspects such as new competitors growing up around the area, roadway building and construction, and employee turnover can influence repeat consumers as well as adversely affect future profits. One essential thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the better the opportunity to construct a returning client base. A last thought is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? Just how might the regional typical household income impact future revenue potential?
