Summary
- Asking price:
- $650,000 (Inventory / Stock included)
- Sales revenue:
- $597,589
- Cash flow:
- $166,013
- Years established:
- 1977
- Employees:
- 5
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Business description
This excellent auto paint, body repair and refinishing business has been in business for 36 years serving their community! They have built up great relations with a large number of insurance companies. This business also offers 24 hour wrecker and storage services. They also have a frame rack machine for the major collision frame repairs that this business handles. This fine company has built a reputation for quality work and satisfied customers. They offer auto body repair including everything from minor dent repair to full bumper replacement. The company thrives through the insurance claim clients that come in.
This top notch business is known for their quality paint finishing and small town customer service. The owner started this company himself in 1975 and is now ready for retirement. The town has a population of approximately 6,000 with a nearby lake consisting of nearly 2,000 residences. This is a great community for one to live in with good hunting and fishing and great schools including a Tech College. Contact us today for more information!
90-95% of the primary business activity is auto body repair and refinishing. 5-10% is allotted to the 24 hour wrecker and storage services.
Property information
- Real Estate:
- Real Property Included
- Premises details:
- The property includes 3 buildings for a total of 18,300 sq ft located on 3 lots. They have purchased a 4,830 sq ft building next door for storage, as well as 1 lot for vehicle storage. The second building is the main shop which is 7,200 sq ft with a collision frame rack machine. Third, there is a paint building of 4,320 sq ft with a spray booth and an outdoor car wash bay. The buildings are in good overall condition; however they could use some minor updates. The building has good road frontage off of a State highway.
- Size in square feet:
- 183,000
Other information
- Expansion potential:
- Performing front suspensions and alignments would enhance profits. Additional profit centers could be to add the service of spray-in bed liners and adding pick-up truck accessories. A new owner might also include Tire sales for growth of the business.
- Competition / Market:
- There is some competition in the area, but the company's excellent work is all that is required to bring in the customers. Customer satisfaction is top priority at this shop! Timeliness and quality are always important to keeping a satisfied client! This business serves clients within a 50 mile radius and brings the clients in with successful radio and print ads.
- Support & training:
- Owner will remain for a reasonable transition to help acclimate new owner to area, business and customers.
- Trading hours:
- Days: Monday-Friday
Hours: 7:30am-5:00pm
- Inventory / Stock value:
- $150,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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