Summary
- Asking price:
-
$595,000
- Sales revenue:
- $1,690,000
- Net profit:
- $252,000
- Years established:
- 1988
- Employees:
- 12 FT, plus owner
Business description
**Reduced Price**
Well established Truck and Auto repair and body shop. Owner established this venture over 19 years ago, ever since, business has been successful with impressive track record. Employees are well trained, and turn over is very low. Company has commercial clients including well known fortune 100 organizations. 11% of revenue is generated from GSA contracts. Business enjoys a high margin and profit with low rent.
Property information
- Real Estate:
- Lease
- Location:
- Business has 9,000 SF of space located in industrial area with short distance from major highway. Monthly rent is only $8,857 including CAM charges; this is 5.74% of total revenue.
Other information
- Expansion potential:
- Business is open M-F 8:00 am to 5:30 pm, and Saturday 9:00 am to 1:00 pm. New owner can increase revenue with more marketing.
- Competition / Market:
- Demand for truck, auto repair and body shop is extremely high; this company has established excellent reputation, and created great relationship with commercial clients by providing extraordinary product and services. 19 years of successful operation and growing revenue make this company a desirable choice for commercial companies who need truck, auto repair and body work for their vehicles.
- Support & training:
- Currently employees with long employment history are well trained and in placed. Business has a body shop manager and Repair manager; owner acts as general manager. Owner is willing to provide extensive training and support to new owner.
- Reasons for selling:
- Other Interests
- Financing available:
- Business is pre-qualified for SBA financing; Buyer must be qualified.
- Furniture / Fixtures value:
- $385,000
- Inventory / Stock value:
- $25,000