Auto Body And Paint With Contracts
Location California,United States
Asking Price Range < $250K
Gross Revenues $652218
Net Profit / Cash Flow $73079
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1966
Number of Employees 6 - 9
Inventory 105000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks
Reason for Sale Health Issues
Description This well-established auto body and paint shop is priced to sell. Seller must sell quickly due to ill health. Seller financing is available. This business has an excellent reputation and repeat business with no advertising. Located in North County with a huge facility and room to grow including 2 large paint booths. Revenue mix is mostly retail and government work (including a 3-year contract), plus some Insurance and commercial accounts. Approx. $37,000 in additional net income is expected in 2013 from contracting out related auto repair and maintenance services to existing customers. Great books and records. Ideal for a Buyer with experience in this industry to take over as an owner operator. Call Chris Seaman 858-254-9985 for more information. Asking Price: $140,000. Seller Financing Available:$70k DP; Balance SCN for 5 years at 6%.
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