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Listed by:

Transworld Business Advisors Richmond

Successful Auto & RV Collision Repair BK For Sale

Virginia, US
Asking Price:
$995,000
Sales Revenue:
$1,450,543
Cash Flow:
$272,876

Auto & RV Collision Repair BK

This business has been successfully operated for over 30 years in a major metropolitan area and has an excellent reputation with customers and insurance companies. The shop offers full-service collision and mechanical repair for most domestic and foreign cars, as well as more profitable vans, RV, and light trucks. The shop includes two separate, fully-equipped buildings, with two paint booths to accommodate autos and taller Vans.

The business is I-Car Gold Certified, ensuring a well-trained labor force that includes technicians, Jr technicians, estimators, and administrative staff.

The real estate, including both shops and approximately 5,000 sq ft, is available for long-term lease. The Seller is retiring and is willing to stay for a period-of-time to insure a smooth transition.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $4,796.00

Square Units (Foot, Meter): 4,356

Lease Expiration Date: December 31, 2024, 9:00:00 PM

Business Operation

Expansion Potential:

This business is ready to grow! the shops have room to handle up to 50% more business. The RV repair business is 20-40% more profitable than the auto repair business because it is not regulated by insurance carriers.

Competition / Market:

There are a few competitors in this market, however, this is the only iCar Gold certified shop. Also, the RV repair center is the only business of its kind in the area.

Reasons for selling:

Retiring

Trading hours:

9-5 M - Friday

Employees:
11
Years established:
1959

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2

Inventory / Stock value:
$5,000