| Asking Price |
$625,000 | Inventory |
$3,000* |
|---|---|---|---|
| Gross Income |
$1,000,000 | Real Estate |
|
| Cash Flow |
$205,000 | Year Established | 1978 |
| FF&E |
$167,000* | Employees | 14 |
* included in the asking price
** not included in the asking price
The Company which is a Sub S Corporation began business in 1978. The owner has built the customer base around commercial accounts and as expand and moved several times due to the continued growth. Over the years the customer base has been expanded into the RV market and into the insurance market. The diversified customer base enables the company to have less of a sales cycle then other auto body operations. The owner has very high standards for the work that they complete. Thus being said, this company is not the lowest bidder in the market. The owner believes that his word and quality of workmanship is the legacy that he is passing on. The owner is very proud of what he has accomplished over the years and has a desire to find the right buyer for his business. This Company is a full auto body repair facility for Semi Trucks, Semi Trailers, Recreational Vehicles and automobiles with high quality technicians. The company also re-brands commercial fleet s customers from time to time. An example is when UPS changed their logo several years ago this company repainted both semi trucks and trailers.
Facilities: The building is of steel construction that is in average condition for the age. The lease is $4,675 per month with approximately 150 sq feet of office, 7,450 sq feet of shop space and 8,600 sq feet of outside storage and wash bay.
Growth/Expansion: There is currently no marketing program in effect. The owner relies on repeat customers and referrals. The owner believes that if the buyer contacts additional recreational vehicle dealers, insurance companies, and other potential fleet customers that the business can be grown substantially in a short period of time.
Financing: SBA Qualified with 10% owner carry back
Support/Training: The owner is willing to train for 30 days and then could be an outside contractor on a part time basis to call on previous and existing customers.
Reason Selling: The owner is at retirement age and would like to slow down.

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