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Auto Body Collision Repair Facility For Sale

Maine
Asking Price:
$625,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$630,000
Cash Flow:
$102,000

Located near the coastal region of Maine, this auto body collision repair specialist services all makes and models of cars, vans, SUV’s and trucks. The company’s primary services include bodywork and paint. Currently, 80% revenues derives from the sale of its services to individuals whose accidents are covered by insurance while 20% comes modifying or enhancing their vehicle, and are paying cash or credit. This business is in a prime location with other auto service companies, which complement rather than compete with it. The facility is in great condition with specialized tools and equipment. Marketing efforts focus on targeting individuals, auto repair shops, businesses with fleet vehicles, and insurance companies with customers in and around the local area. With strong insurance company relationships, a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.
Established over 20 years, this owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. After years of hard work and loyal customers standing true throughout the years, the current owner is approaching retirement and ready to see a new owner take the company to the next level. Owner financing may be negotiable for the right buyer. Please contact IAG for full details, including location specifics.

Property information

Real Estate:

Lease

Premises Details:

The company operates from a 5,000-square foot facility which it owns. 4,500 square feet is allocated to the garage for production and 500 square feet is used for office space, and the remaining space is divided between a customer reception area and storage. The property is owned with an option to lease or purchase at additional cost.

Business Operation

Reasons for selling:

Approaching Retirement

Employees:
5 FT, 1 PT
Years established:
20+

Other Information

Support & training:

While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$350,000 - included in the asking price

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