Auto Collision Repair and Paint Shop Favorable Lease For Sale

Business description

Auto Collision Repair & Paint Shop Favorable Lease Business Summary This business has a reputation for high quality, excellent service and treating its customers fairly. All technicians are I-Card and ASE Certified. PPG accredited and is a lifetime warranty paint facility. Approximately 40% repeat and referral business. Located near an auto mall in a well maintained auto care center in SW Riverside County. Facility has 8 bays and a large lot. Shop includes 2 modern spray booths (one with heated down draft), frame machine, welders, lift and a newer compressor. Currently operating at only 60% of capacity. Clean books and records. With current income stream secure, this is a great opportunity for a buyer to concentrate on growing revenue in a short period of time by adding a good advertising program (current owner spends less than one-half of one percent on advertising) and securing agreements with one or more DRPs. General Information Year Established: 2001 Employees: 6 full time. Monthly payroll of approximately $14,000. Facilities: 8,200 sq. ft. building at a total lease cost of $8,617/month including triple nets, expiring in March, 2011. Hours: Monday through Friday, 8:00am-6:30pm. Saturday 9:00am-3:00pm. Price Includes: Furniture, Fixtures & Modern and well maintained Equipment included. Inventory of approximately $3,000 included. Support/Training: Seller will provide training. Reason Selling: Other Business Interests. Asking Price: $395,000 Gross Revenues: 932,300 Seller s Discretionary Earnings: 84,200 For more information on this business opportunity, please contact D. Joe Atchison

Property information

Real Estate:

Lease

Lease terms:

Lease expires 03/31/2011. Base Monthly Rent $8,617

Location:

8,200 sq ft building.

Other information

Support & training:

Seller will provide training.

Reasons for selling:

Other business interests.

Trading hours:

Mon-Fri 8-6:30 Sat 9-3

Financing available:

Seller will provide some financing.

Inventory / Stock value:

$3,000

Contact the seller