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Listed by:

Transworld Business Advisors Birmingham SW

Established Auto Body Shop With Real Estate In Etowah County For Sale

Etowah County, Alabama, US
Asking Price:
$1,250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$911,914
Cash Flow:
$137,453

39-Year-Old Auto Body Shop For Sale with Real Estate

A 39-Year-Old Auto Collision and Paint and Body Shop located in Central Alabama. The owner is retiring and is looking for a buyer with direct/indirect experience to purchase the business and the property.

The company has a repeat customer base that continues to provide higher revenues each year, which is a perfect opportunity for buyers to scale the business. The property is located on 1.3 acres of land consisting of 3 improved buildings that have a total of 18 bays and two paint booths. One building is mainly an office and warehouse for repair work and the other two buildings can support additional capacity, further increasing revenues. Revenues and profitability are consistent and continue to trend higher each year coupled with a skilled ready-made staff to support work orders.

Pricing includes the combined operating fixed assets along with accounts receivable and real estate. Seller is offering some seller financing on the business, however subject to final review and approval. All potential buyers will be required to provide some form of proof of funds and or background review.

Property Information

Real Estate:

Real Property Included

Location:

Facilities: The property is located on 1.3 acres consisting of 3 improved buildings with a total gross building area of 13,986SFT. Building 1 is an office/warehouse with an office area of 1,160 SFT with HVAC. Buildings 2 and 3 are warehouse only spaces with no office area. These buildings can be used for additional capacity.

Premises Details:

FF&E Overview: Used but good condition. See broker for list of equipment

Size in square feet:
13,986

Business Operation

Expansion Potential:

The addition of Body and Paint workers along with the additional real estate should fuel more capacity to increase revenues. Getting on a DRP plan would provide additional revenue growth.

Competition / Market:

Multiple Ind. Auto/Body Shops in a 30 mile area.

Reasons for selling:

# of Weeks Seller Will Offer Training: 2

Trading hours:

Monday - Friday 8AM-5PM

Employees:
6
Years established:
1985

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 2

Furniture / Fixtures value:
$98,746 - included in the asking price