This well-established body shop with a strong reputation and loyal client base specializes in vehicle repair, collision restoration, repainting, and custom bodywork. The trusted company is able to thrive due to their skilled craftsmanship, quality materials, attention to detail, and unwavering commitment to restore vehicles to their best condition. In addition to this, they are known for their reliable service and high degree of customer satisfaction.
- Asking Price:
- $1,100,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,610,042
- Cash Flow:
- $866,987
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$228,000 per annum
- Premises Details:
-
This 8,500 square foot location leases for $18,900 per month on a lease that expires in 2027, with one 3-year option. All of the company’s furniture, fixture, equipment, goodwill, and spray booth permit will be included in the sale. Specific equipment includes the body shop’s spray booth, frame machine, welding equipment, 2 paint machines, tooling, and lift. Its loaner vehicles will not be included at this price.
- Size in square feet:
- 8,500
Business Operation
- Expansion Potential:
-
The industry has a stable outlook and any given shop can have significant growth potential should management remain a marketplace leader. Expansion opportunities include adopting advanced repair technologies, offering additional services such as detailing and customization, strengthening digital marketing efforts, and building long-term customer and insurance provider relationships through quality workmanship and reliable service.
- Competition / Market:
-
The auto repair and autobody industry is competitive in this part of the San Fernando Valley, with businesses offering a wide range of services such as mechanical repairs, collision restoration, vehicle repainting, and customization. Competitors differentiate themselves through pricing, service quality, turnaround times, technical expertise, and updated best in class equipment and materials. This operate stands out due to its strong reputation, as evidenced by its positive customer reviews, and reliable after-sales support – which plays a significant role in attracting and retaining customers.
- Reasons for selling:
-
Personal
- Years established:
- 1986
Other Information
- Support & training:
-
Seller will train for 4 weeks at 20hrs per week or as negotiated.
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $14,000 - included in the asking price
