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

Asking Price	$1,200,000	Inventory	$50,000 + a/r 100,000*
Gross Income	$1,046,325	Real Estate
Cash Flow	$320,201	Year Established	1970
FF&E	$300,000*	Employees	15

* included in the asking price

** not included in the asking price

Great business for sale

Highline Auto Body Inc. has been I business since 1970 in Burien. We were first located in downtown burien till the late 80 s till the building sold, and we had outgrown the facility. We re0located to Sea Tac and concentrated on Corporate accounts as we were fed up with DRP work with three major Insurance Co s. We could see the writing on the wall it pertains to DRP work. By concentrating on corporate accounts or wholesale work. We have been able to develop a customer base of six major car rental agencies, which has proven to be very successful for our company. When the economy and business slows down we seem to remain busy. We do however do insurance work for the customers who continue to do business with us. We are a family business with about 15 employee s with most been with the company for several years. We have a new facility, with a new spray booth, new measuring system, and all of the necessary equipment to satisfy any Insurance Co. We have maintained a good working relationship withal of these six companies for over 30years and have a mutual trust in one another. This business does between 1.2 and 1.5 million dollars a year in labor only. This have been the average over the last 5 years. We are located 1 mile from the Sea Tac Airport and can house 20 cars in the lower 7500 sq. foot area. We have another 7500 sq feet on the second floor that can be used as office space and storage. The upper floor is served by an elevator, which makes for a very professional appearance. There is also over 60 parking stalls outside that is secured by a cyclone fence with a locking gate. Our neighbor next door is an auto upholstery shop, whick in a very good neighbor to have. Our landlord is a longtime friend and has a business next to us which is a machine shop which comes in handy from time to time. We pay .50 cents a square foot for rent and are guaranteed that the rent will not be increased and would be passed on to t

Facilities: We are located 1 mile from the Sea Tac Airport and can house 20 cars in the lower 7500 sq. foot area. We have another 7500 sq feet on the second floor that can be used as office space and storage. The upper floor is served by an elevator, which makes for a very professional appearance. There is also over 60 parking stalls outside that is secured by a cyclone fence with a locking gate. Our neighbor next door is an auto upholstery shop, whick in a very good neighbor to have.

Competition: Becaause of the nature of this business there is no competition

Growth/Expansion: Unlimited

Financing: OAC or other arrangments

Support/Training: What ever is needed. Owner willing to stay to introduce customers

Reason Selling: Retire