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Cars Looking Better Than New

Location  Virginia,United States
Asking Price Range  $250K - $500K
Gross Revenues  $398000
Net Profit / Cash Flow  $95959
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2009
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal
Description  This established full service custom auto body shop and collision repair business has been one of the area's leading facilities, restoring all kinds of vehicles to new or better condition, for more than 27 years. Unfortunately, the owners body is no longer in fully restorable condition. He is retiring. This business would cost much more than half million dollars to start up new, if the County would issue additional permits which they are not. The spacious facility is equipped to do the highest quality structural repairs to frames and bodies, most mechanical work, custom body work, painting and finishing using the best technology and premium materials. All equipment - including paint booth, Magna frame straightening rack, and computerized paint mixing system, is top quality. Work flow is about 50/50 split between body/mechanical. Shop is located just off the interstate/beltway in Northern Virginia, in the affluent DC Metro market. New owner could be an experienced mechanic to continue the business as is or ambitious automotive services professional with drive to grow the business with additional mechanics, which the strong demographics will handle easily.
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