This established business is a wholesale auto body and repair shop located North of the Twin Cities Metro. Their customer base is mainly used car dealership accounts. They currently have 10 local dealership accounts. They repair vehicles primarily from their dealership accounts. Occasionally, they repair customer vehicles through their insurance. They also have repaired vintage vehicles mainly through specialty auto sales channels and occasionally through their customers. 2024 Annual revenues were $597,632, with an owner’s adjusted net (SDE) of $153,674. The asking price for the business is $300K. There is an option to lease the building (5,000 + SF including paint booth) or purchase the RE/property for $550,000.
- Asking Price:
- $300,000 Furniture / Fixtures included
- Sales Revenue:
- $597,632
- Cash Flow:
- $153,674
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Expires 5/31/3030
- Leasehold Rent:
-
$36,000 per annum
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Mon - Fri 8 am - 4:30 pm
- Years established:
- 23
Other Information
- Support & training:
-
90 days
- Furniture / Fixtures value:
- $132,000 - included in the asking price
