71272-North-Central Oklahoma Collision Center

OK

Seller Financing Available
71272-North-Central Oklahoma Collision Center
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Asking Price: Get Financing: $850,000

Cash Flow: $260,000

Gross Revenue: $1,246,000

EBITDA: N/A

FF&E: $85,000

Inventory: N/A

Established: 2001

71272-North-Central Oklahoma Collision Center

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Business Description

The Company is a leading collision repair shop specializing in all types of cars, trucks and vans. They provide complete auto collision repair and painting refinishing services, which include paint- less dent repair, dings, scratches, collision repair, frame straightening, body panels and bumpers. While 95% of sales come from individuals, 5% comes from commercial clients for fleet services. The company owns a specialized base of capital equipment to ensure it provides the utmost quality. The company works with all insurance companies and cash paying customers. The Company operates from a 10,000-square foot facility, which it leases. Revenue has increased steadily at approximately 4% annually over the past five years. In 2017, revenues continued their growth trend from $1,184,000 to $1,246,000 with a current SDE of $260,000.
Strong track record of revenue growth and profitability - 20% EBITDA margin - Excellent reputation for quality and service - Diverse customer list that remits payment through insurance or cash – Seller will remain for transition period - Seller financing negotiable - 10 Non-union employees with average of - 8.4 years of service - $39 billion industry (Source: IBIS World)

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner is available for a reasonable transitioning, the other employees will most likely stay on after the sale.
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
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IAG

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