Automotive Collision Repair

KY

Seller Financing Available
Automotive Collision Repair

Asking Price:$2,800,000

Cash Flow:$600,000

Gross Revenue:$2,278,433

EBITDA:$600,000

FF&E:$700,000

Inventory:$20,000

Real Estate:$1,250,000

Established:1969

Automotive Collision Repair

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Business Description

Priced reduced! Long established automotive collision shop with a great reputation. Established 1969. Ever increasing sales from year to year. 2015 total sales were $2,278,433.36 . We have a DRP with the largest vehicle insurer in America, and other large automotive insurers. We are the preferred repair shop for many other insurers. ASE and I-CAR employees. We use the CCC estimating system.
This sale includes two businesses in one. One of the buildings on the 2 included acres houses a truck accessory and installation business with spray bed liners. Established 1992. This business accounts for approximately 7% of the total sales listed above in 2015. A recent change of management in the truck accessory store has already increased sales in 2016, and will continue to grow under the new management. EBITDA and cash flow is approximate from the QuickBooks P&L. F.F.&E. is a conservative estimate. This is a highly confidential sale. A Legal Non-Disclosure Agreement signed will be necessary.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Sale includes 2 acres of real estate in an industrial park with 3 large metal buildings and one smaller paint supply building. Approximately 22,000 square feet total. The main building of approximately 11000 sq. ft. is the main body shop with 2 spray/bake booths. One is side draft by "Garmat", and the other is a down draft with the booth by "Spray Bake", and new $30,000 downdraft system by "Garmat". There are 3 "Brewco" frame racks and accessories. Besides many, many included shop tools, there is also a hydraulic vehicle lift. A second body shop building
Competition:
Only one other real competitor in area. Area is growing tremendously.
Growth & Expansion:
Building space and equipment has the capacity to grow with the new owner. The room, equipment, and facilities are there to do double, triple, or quadruple the current business. Just add additional employees. The city is growing.
Financing:
Seller will carry up to 5% to aid in obtaining loan
Support & Training:
Training for 2 weeks at no charge. Longer negotiable.
Reason for Selling:
Newer owner has decided to take a different direction in business and life.

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