***Confidential listing, not in indicated city***
Excellent opportunity to own a profitable Autobody and Car Repair company serving the New England Area
This is a highly reputable and very well-established auto collision repair and car repair business operating under the same ownership & in the same location for the past 40 years.
The business is owned and operated with two full time, highly effective shop managers. The shop’s technicians are also highly skilled and certified by several major manufacturers to repair specific vehicle makes and models. They can perform repairs to traditional steel-bodied cars, trucks, and SUVs. Customer service is top notch, handling customer concerns from the time they drop off their vehicles through final delivery. Their mission is to provide customers with the highest possible level of service. This includes handling all the phases involved in collision repair. The repair shop is fully staffed, expediting the repair process, and keeping the vehicle owner “in the loop” and updated as to the progress of the repair(s) is standard practice. The owner’s reputation and commitment to the highest standards of auto body & car repair and customer satisfaction have kept the business thriving for over 40 years.
The business is very stable with a capacity to grow, excellent margins and strong cash flow. The shop consists of approx. 12000 square feet inside with paint booth, paint mixing equipment, frame repair machine and all the tools of the trade needed to operate both autobody and full-service car repair. Turnkey opportunity with key employees in positions of managing each department, highly trained staff.
Financial
Price: $1,400,000
Gross Revenue: $2,650,000
Cash Flow: $450,000
FFE: $400,000 (Included in Price)
Real Estate $1,250,000
Total Asking Price $2,650,000
Business Details
Year Established: 1983
Days & Hours of Operation: Monday-Friday
Owner Hours Per Week: 30-40
Reason For Sale: Retirement
Training & Support provided. Seller will assist in the transition.
Employees:14 FT - 4 PT
Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.
