International Resource Group, Inc, currently operating as Sunbelt International, is Ohio's premier business transfer specialist and acquisition company. Headquartered in Columbus, Ohio, the company serves the low to mid-level market segment. Working intimately with privately owned and closely held companies, we boast a success rate that is above and beyond the traditional service provider. Utilizing progressive technology, buyer lead generation is a combination of both innovative and strategic marketing. For our buyers we implement a method that guarantees them all the information necessary to decide if a prospective business is the right fit for them. With a focus on business ownership transfer and transition, you will have access to the latest and comprehensive sources and transaction partners during our relationship. We look forward to assisting you in the navigation through the complicated process of business ownership transfer.
The Company is a full-service auto body shop located within the I-275 loop. Its location provides for easy access to all area highways, including Ronald Reagan Highway, Norwood Lateral, Interstates 75, 71, 74, and the I-275 Loop. The business has been a family owned and operated business for many years. The Company provides complete OEM and aftermarket auto body collision repair service. Equipment includes a Down-draft Bake Booth w/Ceiling and Floor Filtration, a Paint Mixing Room w/Mixing System & Computer, Drive-on Floor Lift, a Floor Frame Rack, and many other assets asso-ciated with a body shop. • Excellent location to serve many densely populated areas of the City • 15,950 square foot property on a corner lot with high traffic flow • Over 7,000 square foot free-standing building • 1,252 square feet of climate-controlled office space • 4 Drive-in Bays - 10’x12’ each • Break / Meeting Room, Shop Bath The owner recognizes that in the past few years a combination of a poor economy, the loss of DRP’s, a lack of attention by him and any real marketing, has hurt the business. Their facility is capable of significantly more sales. In past years, the business did approximately $1,000,000 in revenue when it had five DRP accounts. The owner realizes it is time to retire and sell the business and real estate to an acquirer with more energy or relationship with DRP’s to promote the business. All office furniture, equipment, supplies, and work-in-process are included. The equipment/fixed as-sets included in the sale are valued at more than $59,000 (FMV). The real estate is valued at $380,000 (appraised in 2001 at $360,000). The business assets and real estate are being offered at $439,000, free and clear of debt and all liabilities. Recent revenues have been in the $200,000 to $300,000 range. The asking price is based on asset value and not business value (goodwill), it is expected the buyer will have little interest in the P&L provided, but will look at the capability of the facility and equipment to support his/her projections.
Business listed by:
Unknown Broker Company
Get free alerts via email when new businesses are listed matching your Boone County Auto Repair, Parts & Ser... search criteria.