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Highly Profitable Auto Body Shop With Property! (17839) For Sale

Greater Chicago Area, Illinois, US
Asking Price:
$4,999,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,281,985
Cash Flow:
$882,769

Situated in the Greater Chicago area, the business specializes in comprehensive automotive collision repair, maintenance, part replacement and custom paint services to regional customers and insurance companies. Enjoying a strong command over the industry, the company has the capability to work on all vehicle makes. With its focus on later and high-end models, revenue and profitability continue to grow. The well-maintained 9,500 sf facility, in a highly visible location, includes an administrative space of 1,200 sq. ft., with the remaining area used for a workshop and storage. The real estate, included in the Asking Price, is pre-zoned to handle future expansion. Reliable personnel of fifteen nonunion employees are most likely to remain post-sale. Thanks to high online ratings and years of experience, projections approach $3.5 Million in 2022, as Total Revenues for 2021 reached $3,281,985 alongside Discretionary Earnings of $882,769 and EBITDA values of $824,161. While the existing owners do not advertise, the potential for growth is significant with the addition of strategic advertising programs. Additionally, becoming an authorized dealer of reparations for popular insurance companies presents still more revenue growth potential. An active website and digital marketing efforts are backed by ongoing verbal referrals from a large and recurring client base thanks to their quality products and services.

Property Information

Real Estate:

Real Property Included

Location:

Property valued at $1,300,000 comes included within the Asking Price!

Size in square feet:
9,500+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday 8AM - 6PM; Saturdays from 8AM to 12PM.

Employees:
15 nonunion.
Years established:
1970

Other Information

Support & training:

Smooth Owner Transition period post-sale.

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:
$200,000 - included in the asking price
Inventory / Stock value:
$21,000 - included in the asking price

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