Body Shop with Real Estate, Very Successful in Great Location
Business Description
This successful auto-body repair shop in central Virginia has been in business since 1997. The shop enjoys an excellent reputation and relies on its long-term DRP relationships and past customer referrals for a constant flow of new work. They also have a few commercial accounts.
The business is largely turn-key with many long-term employees, including admin, estimating, purchasing, painting and collision repair technicians, many of whom are ICar certified. The Seller no longer works in the business but provides operational and financial guidance 10 to 15 hours per week.
The sale is envisioned as an asset sale including all equipment, FF&E, contracts, intellectual property and a long-term lease or the real estate can also be purchased. The seller is retiring but will stay as needed to ensure a smooth transition.
The business produces consistent top line sales over $2,000,000 and an SDE of approximately $425,000.
SBA financing is available, contact exclusive agent for more information.
The business is largely turn-key with many long-term employees, including admin, estimating, purchasing, painting and collision repair technicians, many of whom are ICar certified. The Seller no longer works in the business but provides operational and financial guidance 10 to 15 hours per week.
The sale is envisioned as an asset sale including all equipment, FF&E, contracts, intellectual property and a long-term lease or the real estate can also be purchased. The seller is retiring but will stay as needed to ensure a smooth transition.
The business produces consistent top line sales over $2,000,000 and an SDE of approximately $425,000.
SBA financing is available, contact exclusive agent for more information.
About the Business
- Years in Operation
- 30
- Employees
- 11
- Market Outlook / Competition
- There are several competitors in the market but not more than one or two who might influence potential new customers from this well established business. Growth of the auto repair market is predicted to continue to grow over the next 10 years.
- Opportunities for Growth
- The business does little or no advertising and relies on past customer and insurance providers for most new work. The Seller has been satisfied with the level of work and has made no attempts to solicit more work for years. A new ambitious owner, improved road signage, and updated website and social media program is all that is needed.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Number of Weeks Seller Will Offer Training: 2
Listing Info
- ID
- 2351752
- Listing Views
- 812
Listing ID: 2351752 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.
