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2nd Generation Repair Shop With Expandable Facility! (37748) For Sale

Coachella Valley, California - South, US
Asking Price:
$625,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,150,000
Cash Flow:
$185,000

Within the desirable area of Coachella Valley, the listing is a full-service repair center that provides both collision (98%) and restoration (2%) work for a wide variety of cars, light trucks, SUVs, and vans. 90% of projects are for major insurance companies, carrying a 100/100 score for their 140+ years in helping clients with any phase of their claims, such as offering direct towing from accident locations. Skilled in foreign repairs from computerized frame and unibody restorations, to windshield replacement and sandstorm damages, the business enjoys a reputation as the No. 1 provider in Riverside County. The ample 11,200 square foot facility that comes with 3,000-sq.ft. of available production room, 500-sq.ft for office space, and uses the remainder as warehouse. Found in prime condition and pre-zoned to handle additional capacity for a second spray booth to be assembled, the property features arranged parking and holds a transferable lease. Reliable and experienced personnel of six non-union employees agree to remain post-sale and continue streamlining operations to acclimate new ownership during a standard transitioning period. Besides the use of Yelp, a website, and social media engagement, current marketing efforts back their verbal referrals from long-time and recurring customers through superior, quality services. Thanks to high online ratings and ideal flexibility for strategy optimizations, increasing minor renovations like painting, color matching, scratches, polishing, and dents can further industry growth. 2021 saw approximately $1,150,000 in sales with $185,000 in discretionary earnings and $67,000 Net income. 2022 is looking strong, with approximately $550,000 in sales as of the end of April.

Property Information

Real Estate:

Lease

Lease Terms:

Hold a tenancy of $9,286 per month.

Size in square feet:
11,200+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday from 8AM - 5PM & Saturdays open 8AM - 3PM.

Employees:
6 nonunion.
Years established:
1955 - Second Generation Business!

Other Information

Support & training:

Standard Owner Transition period to acclimate new ownership.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$15,000 - included in the asking price

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