Maaco Collision Repair And Auto Painting Center
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $1100000
Net Profit / Cash Flow $145500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Asking: $199,900 (plus inventory at approx. $20,000.)
Gross: $1.1 M
Included in the Asking Price: Over $300,000 of Top-of the-Line Equipment and Facility Build-Out.
Owner relocating and price just reduced to sell! Excellent opportunity to purchase and manage this successful turnkey franchise located in a densely populated MA region. This newer Collision Repair and Auto Paint Business continues to see sales growth with opportunity for further expansion. The business accepts insurance rates and is on the industry referral list.
Maaco is a recognized leader in this industry with an approximate 50% share of the U.S. Market. No automotive experience is required as the franchise system provides continuous support and training including 4 weeks of intensive management training, on-the-job training for both you and your employees, and ongoing daily operations support. Business has been preapproved for an SBA loan with a local bank and the seller is motivated to sell due to other biz interests.
Facilities: This shop is well laid out for work flow and includes an attractive lobby, office area, and production space totaling 11,400 SF, with ample outside parking available for approximately 100 cars. The present lease with options extends 13 years, with rent of $7,200 per month. Customers traveling along this major east/west highway have easy access with plenty of parking.
Opportunity: An aggressive buyer can grow this business by adding additional commissioned sales force, seeking more fleet contracts, and initiating an internet marketing program.
Equipment, Fixtures and Furniture: The facility includes two Global Down Draft Paint Booths [(1) Car Booth and (1) Truck Booth], Paint Mixing Room, Paint Recycler, Frame Machine, (2) Atlas Capco Compressors, 1988 Chevy Heavy duty Pickup Truck with Plow and 2-Wheel Dolly Trailer, (3) Computers, and other assorted Equipment, Tools and Furniture.
Hours: Mon-Fri 8 - 5, Sat 8 - 12
Employees: 8 F
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