Austin Area Paint & Body Shop with Property
Business Description
This is a well run paint and body shop. They do some insurance but they are not too reliant on the insurance companies. There is a fair amount of customer pay. They've been in business for quite a while and the techs are tenured. There is not much turn over here. Property is included.
About the Business
- Years in Operation
- 35
- Employees
- 7
- Facilities & Assets
- It's a pretty clean facility. About 6,500 sf. Nine bays. Plenty of room in the building and on the property to increase business. The property is included in the asking price of $1.7m. FF&E is around $125k. Two paint booths and everything else that you would expect. Everything works and ready for the new owner to take over.
- Market Outlook / Competition
- The current owner is a good businessman. He's run the business profitably for many years. But he is comfortable at the current level of profitability and has not made any effort to increase business. It is ready for a new owner to take the reins and push it to the next level. See Growth and Expansion below.
- Opportunities for Growth
- Virtually any auto repair shop can be improved upon by implementing a well thought out marketing effort. Shops that are for sale are usually being sold by retiring owners. And retiring owners...guys in their 60s and 70s...have a strong tendency to rely on reputation and word of mouth. They almost never use direct marketing or social media. This business fits into that category. The core business and reputation is strong but needs new blood to push it to the next level.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 6,500
About the Sale
- Seller Motivation
- Retirement. He's ready to take it easy for a while.
- Transition Support
- Couple weeks should do it. The staff knows what they are doing and will be a big benefit during the transition.
- Financing Options
- I think we can get this thing done with the SBA. Need the right buyer though.
Listing Info
- ID
- 2335587
- Listing Views
- 663
Listing ID: 2335587 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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