Services - Auto Repair, Parts & Svcs | Services - Other Miscellaneous services

Asking Price	$600,000	Inventory
Gross Income	$750,000	Real Estate
Cash Flow	$240,000	Year Established	1978
FF&E	$150,000*	Employees	4

* included in the asking price

** not included in the asking price

This company is a privately held business that performs automobile body repair and automobile painting. The company is well known for its quality of work and service. As a result, repeat customers account for 60% of its business. Many new customers are referred by satisfied customers. The company has established relationships with insurance companies to perform work for their policy holders. This is a steady revenue stream and is sustainable over the long term. Consumers and insurance companies account for approximately 90% of revenues. The remainder is derived from government contracts. A number of government agencies have designated the company as a preferred vendor. They have recently been granted a three year contract for all of the local County s government vehicles. The company has a fully equipped technologically current facility. It is staffed by long term highly qualified craftsmen.

Facilities: The business is located near the town s main business street. The property and building is owned by the seller and everything is well maintained and in excellent condition The shop has almost 4,000 square feet of space enabling concurrent work on 10 cars. The building sits on an acre plus lot with secure parking for customer vehicles.

Competition: There are four other major body repair and paint shops within a 20 mile radius. All have been in business for many years. Zoning restrictions make it extremely difficult for new facilities to enter the area.

Growth/Expansion: While the business has prospered over its 30 year history, there still remains significant opportunity for growth. Some will be derived from the new county contracts. There is also reasonable potential to add more referral insurance companies, as well as government entities. The company does not have a web site. A well designed site can drive additional consumers to the company.

Financing: this company has bee pre-approved for SBA financing by a major bank.

Support/Training: The seller will provide up to four weeks of training at no charge. The training may, at the buyer s discretion, be scheduled in segments to accommodate business flow. The seller will be available after training to consult.

Reason Selling: Retirement