37492- Auto Collision Paint & Repair Services

Memphis, TN (Shelby County)

Seller Financing Available
37492- Auto Collision Paint & Repair Services
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Asking Price: Get Financing: N/A

Cash Flow: $225,000

Gross Revenue: $2,077,000

EBITDA: N/A

FF&E: $250,000

Inventory: $10,000

Real Estate: N/A

Established: 2001

37492- Auto Collision Paint & Repair Services

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Business Description

Located in the greater Memphis, Tennessee area, the company is an auto body repair and paint shop specializing in all types of automobiles, trucks and vans. The primary services include body and frame work repair as well as paint refinishing. With a management team already in place, this company could be operated in an absentee fashion. The seller is looking for a strategic buyer that can take this company to the next level. Offering these services requires a facility with tools, equipment and thirteen employees with industry experience. The company operates from a 28,000 square foot facility, which is owned with an option to lease or purchase. The company has a proven track record supported by 17 years of ongoing business. With its niche’ range of services, the Company’s marketing efforts focus on targeting individuals, insurance and governmental agencies in Tennessee. Revenues have been steadily increasing over the past five years at 5% annually. Last year, the Company’s total revenue was $2,077,148 with a Discretionary Earnings of $225,000, rounded. With a large customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones. Receiving fair offers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
With management team in place, the transition period is expected to be standard. The current owner if available for a 3-9 month transitioning.
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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