Seller Financing Available

Asking Price:

$1,800,000

Gross Income:

$1,375,734

Cash Flow:

$408,770

EBITDA:

$330,770

FF&E:

$420,000.00 *

Inventory:

$5,000.00 *

Real Estate:

$875,000.00 *

Year Established:

1970

Employees:

7

Business Type:

Auto Repair, Parts & Services

* included in the asking price

Business Description

The Company has built a strong reputation over the last 40 years garnered on quality and good service. The Company offers auto collision repair, full body work, frame and structural repair and painting. The Company is dedicated to providing customers with the highest quality automobile repairs and service available. Looking forward, with a consistent history of profitable financial performance and an exceptional local reputation the Company is poised for continued growth in sales and profitability. This acquisition provides a unique opportunity to own the largest auto body shop in the region that is positioned for continued growth. The sale of the Company includes the real estate, inventory, equipment, customer list, name, goodwill, management available for a seamless transfer, and all employees will seek employment.

Detailed Information

Facilities:

Built in 1980, convenient location, over 11,500 square feet, and the real estate included in the selling price.

Competition:

Primary competition is local automotive repair shops.

Financing:

20% of the total purchase price

Support/Training:

Owners are flexible; will remain as long as necessary to train buyer.

Reason Selling:

Due to retirement age of the owners