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81880-RF Exceptional Auto Body Shop in Richmond VA

Richmond, VA (Chesterfield County)

Seller Financing Available
81880-RF Exceptional Auto Body Shop in Richmond VA

Asking Price:$495,000

Cash Flow:$210,000

Gross Revenue:$1,210,000

EBITDA:N/A

FF&E:$100,000

Inventory:$5,000

Lease Rate:$6,100 /Month

Established:1990

81880-RF Exceptional Auto Body Shop in Richmond VA

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Business Description

Profitable! Expandable! Established! Growth Potential!

Owner has been in auto body repair business for 27 years with facilities and mobile technicians. Previously operated 2 shops in city but lost or sold lease on locations. Opened shop in southside location that's very busy. Opened 2nd location 2 years ago in a building that owner refurbished and built out for an expansive and efficient layout with large gated parking.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,500
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Owner has been in auto body repair business for 27 years with facilities and mobile technicians. Previously operated 2 shops in city but lost or sold lease on locations. Opened shop in southside location that's very busy. Opened 2nd location 2 years ago in a building that owner refurbished and built out for an expansive and efficient layout with large gated parking.
Competition:
Several local, regional and national shops in the area.
Growth & Expansion:
Owner has operated as semi-absentee due to workload at another location. New owner can pursue preferred vendor status at auto insurance agency. Market services to new and used auto dealers. Promote shop under new brand with aggressive marketing campaigns.
Financing:
95000.00
Support & Training:
4 weeks
Reason for Selling:
Retirement

Listing Statistics for Premium Members

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Russell Fergusson

Business Listed By:
Russell Fergusson

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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