30 Year Old Auto Body & Service Shop for sale/1.6M GROSS/195K NET

Dallas, TX (Collin County)

Seller Financing Available
30 Year Old Auto Body & Service Shop for sale/1.6M GROSS/195K NET
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Asking Price: $395,000

Cash Flow: $195,000

Gross Revenue: $1,600,000

EBITDA: $195,000

FF&E: $200,000

Inventory: $25,000

Real Estate: $850,000*

Established: 1989

*not included in asking price.

30 Year Old Auto Body & Service Shop for sale/1.6M GROSS/195K NET

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Business Description

30 Year Old Auto Body & Service Shop for sale/1.6M GROSS/195K NET

3 DECADES OF AUTO BODY REPAIR AND AUTO SERVICE WITH 1,000'S OF LONGSTANDING CUSTOMERS FOR SALE IN DFW!!!

Owner wishes to go into full-time ministry and mission work after faithfully serving his clients since 1989!!! This thriving business has 2 viable revenue streams: SERVICE AND AUTO BODY REPAIR. Owner has a complete team of competent and tenured employees on both sides of the business. Business comes with 2 state-of-the-art painting booths, mixing station, and all equipment necessary to be a total vehicle body repair facility. Service side of business has a higher gross profit margin and comes with 7 service bays and 3 full-time auto repairs techs...

Gross Profit on service is above 55% and auto body repair is above 40%. Business has hovered between 1.2-1.6M Gross and 150-240k Net for the last decade. Solid customer base and great online reputation make this business a no-brainer for the new or experienced auto body or auto repair business owner. Keep in mind the BUSINESS MUST BE SOLD WITH THE BUILDING AND REAL ESTATE (COMPS SHOW THE BLDG. AND LAND TO BE WORTH $900,000. ASKING PRICE FOR BUSINESS IS $395,000. THIS ONE WILL NOT LAST LONG DUE TO THE FLEXIBILITY OF THE SELLERS. THE SELLERS ARE FLEXIBLE AND HAVE AGREED TO FINANCE 25% OF THE TOTAL PRICE OF $1,295,000. THE RESULT IS THAT THIS BUSINESS CAN BE FINANCED FOR THE REAL ESTATE PORTION FOR 25 YR AMORTIZATION AND LOW MONTHLY PAYMENT WITH MINIMAL DOWN PAYMENT FOR THE BUSINESS.

SERIOUS INQUIRIES ONLY PLEASE! CALL MICHAEL RUBIN/CEO & FOUNDER OF MDR & ASSOCIATES FOR MORE DETAILED INFORMATION ABOUT THIS BUSINESS...

Detailed Information

Location:
Dallas, TX
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
10,250
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 acres of land and 10,250 sq ft of building. 2,500 sq. ft. of office space & 8,000 sq. ft. of shop space. Building and land are extremely nice and well kept...
Competition:
30 years in the business has set this business up for years and years of continued success. Other shops can do either service or body repair. Few can do both under the same roof..
Growth & Expansion:
Another building can be built on this property for expansion opportunities...
Financing:
20-25% of total price of business, land and building
Support & Training:
Owner will include 1 month of training include in sale. Another 2 months call be negotiated for fair and equitable consulting agreement. Sellers want the new owner to be extremely successful and will make sure the business transition is smooth and in done in order. It is very important to sellers that the legacy of the business stays intact and employees and customers are well taken care of...
Reason for Selling:
Mission work & ministry opportunities. Sellers are at retirement age.
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(from currently available funds)
 
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Michael D. Rubin

Business Listed By:
Michael Rubin

MDR & Associates

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