Auto Body Shop For Sale
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2000000
Net Profit / Cash Flow $270000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1967
Number of Employees 6 - 9
Inventory 70000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training As needed.
Reason for Sale Other business interests.
Description This is a once in a lifetime opportunity to purchase a thriving 45+ year old auto body business and acquire the real estate so you don't have to worry about a landlord - EVER. Business can be purchased separately for $810,000 if desired. Broker is in the process of qualifying the purchase for SBA 7a acquisition at 15% down, with final numbers and details delivered prior to writing any offer to purchase. Seller is active owner operator involved in business development and customer service, so a hands-on owner situation would be ideal. Revenue is broken down as 15% dealer referral, 40% repeat customers and ongoing relationships with the city, and 45% insurance carrier referrals. Includes 2 paint spray booths, 2 lifts, 3 frame measuring systems, and plenty of space on the compound to take care of a higher volume of work. Running at 25% capacity per anecdote from Seller. Numbers quoted above were for 2010. Revenue and workload was not at maximum capacity for last year and in 2011 he still almost hit $1.4MM. 7 employees take care of all the day to day work. Great location on busy thoroughfare in the San Gabriel Valley. NDA and Seller's approval required prior to release of address to do a drive-by and to review profit and loss statements.
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