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Listed by:

Transworld Business Advisors of LaGrande

Established Auto Body Shop With Tremendous Track Record In Cook County For Sale

Cook County, Illinois, US
Asking Price:
$650,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,624,363
Cash Flow:
$112,610

This auto body business presents a commitment to honesty, reliability, and customer satisfaction while ensuring that every car is repaired correctly the first time. They strive for an exceptional experience for each customer.

This business comes with an extensive business history, over 40 years of experience and thousands of satisfied clients. The business has consistent revenues in excess of $1,600,000.

There is a spacious workshop and office space with dedicated front and side parking that comes with this business. The equipment is well-maintained and in excellent working condition. Sterling reputation in the auto repair industry as shown by customer reviews. 60% of their business comes from the insurance side so there are a sold referral sources. Large storage lot to accommodate 40 plus cars. Motivated seller.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $4,500.00

Square Units (Foot, Meter): 12,000

Lease Expiration Date: January 28, 2027, 12:00:00 AM

Terms Options: 3 year current lease and open to discussions to buy the building

Business Operation

Expansion Potential:

Less than 2 percent of sales is spent on advertising so there is a real opportunity to spread the word about this company to more private pay clients and/or bring on more insurance providers that would use this shop for repairs. Gross Revenue can be grown by purchasing other new equipment such as electronic equipment for scans and calibrations, suspension alignment machine and charging Stations for full EV vehicles. A dedicated in-house mechanic could be helpful and a dedicated aluminum area for all aluminum body vehicle

Reasons for selling:

Retiring

Trading hours:

Mon – Fri (8:00am – 5:00pm), Closed on Saturdays & Sundays

Employees:
8
Years established:
1983

Other Information

Support & training:

Training Support Included

Furniture / Fixtures value:
$155,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price