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Established Auto Body Paint & Parts For Sale

Rock Island County, Illinois, US
Asking Price:
$400,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$6,159,684
Cash Flow:
$117,737

This listing is for a well-established supplier of auto body parts and paint located in western Illinois that is available to a qualified buyer. This business offers its owner a yearly cash flow of over $110,000 that has seen consistent growth over the last three years.

The company specializes in the sale of paint and related supplies for auto body shops and individuals. They carry four major paint lines, and the sale of auto paint makes up the bulk of their business (90%). They have a large base of clientele with over 90 auto body business accounts.

Most of their clients have mixed banks supplied by this company, and they have earned a great reputation and professional relationship with these companies over the past two decades. The remaining 10% of their business comes from related supplies for body shops, but their primary focus is paint. While most of their business is derived from B2B sales, they also serve walk-in customers as well.

In addition to the consistently profitable cash flow, approximately $180,000 in asset value is to be transferred with the business sale. However, this includes their equipment, vehicles, and approximately $150,000 in inventory.

The real estate, however, is not included in the asking price and is available separately for $155,000.

Property Information

Real Estate:

Real Property Included

Location:

Western Illinois. Rock Island County

Premises Details:

1,000 sq ft of office space and 10,000 sq ft additional workshop/inventory. Available separately from the asking price for $155,000

Size in square feet:
11,000

Business Operation

Expansion Potential:

Focus on sales in Peoria, Open on Saturday, Add Flood Insurance, Solicit Additional Body Shops, Add Sales Staff, Increase Marketing

Reasons for selling:

Retirement

Employees:
6
Years established:
19

Other Information

Support & training:

Owner will train the buyer for 4 weeks

Furniture / Fixtures value:
$15,000 - included in the asking price
Inventory / Stock value:
$165,000 - included in the asking price