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Auto Body Repair & Paint Including Frame Work

Location  North Carolina,United States
Asking Price Range  < $250K
Gross Revenues  $165000
Net Profit / Cash Flow  $45000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2002
Number of Employees  1 - 3
Inventory  22000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Owner will stay for a reasonable transition to acclimate a new owner to area and customers.
Reason for Sale  Retirement.
Description  This very profitable one man operation has been doing auto body and paint repair for 8 years now and the owner is wanting to relax and retire. When a car or truck is in a collision, many times there is damage to the frame of the vehicle in addition to damage to the body. To fix this the frame has to be straightened. This is a full service auto body shop for sale with the capacity to do frame repair as a part of the overall auto body repair and painting. This turn key business has low overhead and an excellent reputation in the community. There is room to expand if a new owner chooses so. Several local companies bring the majority of their work for him to do on their vehicles. The primary business activity of this company is doing auto body repair and paint as well as frame repair. Building was built in 1955 and is located on 1/2 acre of land. It consists of: a kitchen, 2 bathrooms, and 3 offices in 1,054 sq ft. A paint booth and storage space are in the shop area which covers 4,300 SF. The last 646 Sf is used for a frame rack area. Totaling to a 6,000 Sq Ft building. All Equip and inventory are included in the asking price. This includes: 2 (10 H.P.) Air compressors (one of which has not been used), a Hi Lift jack, Floor jacks, Mig welder, Frame rack, all work cabinets and benches, all office Equipment, computer, fax,desks and more. Adding employees and doing more advertising would enhance the profits. Installing auto glass would be an additional profit center for the business as well. Asking $165k
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