Auto Body Shop Netting $197K

Asking Price$1,500,000

Cash Flow
$197,242
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,433,408

Inventory$50,000
Included in asking price
FF&E$550,000
Included in asking price
listing imageSave

Auto Body Shop Netting $197K


Asking Price$1,500,000

Cash Flow
$197,242
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,433,408

Inventory$50,000
Included in asking price
FF&E$550,000
Included in asking price
Business Description
Auto Body Shop Netting $197K
Location..location...location is key! This very well run and very profitable Auto Body Shop which has been around for close to 30 years and now the owner is looking to pass it onto the right buyers.


KEY POINTS:

They have their DEALER LICENSE - not utilizing it!
very clean tax returns
Did we mention location..location..location! Rt1 property..lot's of traffic
owner willing to stay on for 1 year for a smooth transition
Currently dealing with 10 dealerships
2 buildings
BIG Lot
Longterm employees
Owner is selling the property for $2.5M
surrounded by lots of car dealers

GROWTH OPPORTUNITIES:

owners don't advertise at all so doing this will increase sales!
can take on more accounts..owners are content with what they have and have not taken on anymore accounts.... but it's there
hire second shift...the demand is there for it
can do police towing..opportunity is there.. owners don't want to do it
make use of Dealer License...current owners not using it
About the Business
Years in Operation
71
Employees
5
Currently Relocatable
Yes
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement.
Transition Support
Will train for 4 weeks @ $0 cost.
Listing Info
ID
2305087
Listing Views
1651

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Business Listed by: Joe Chiarello Murphy Business & Financial Corporation

Listing ID: 2305087 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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