Established Body Shop with growing client base

Va Beach, VA (Virginia Beach City County)

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Asking Price: $100,000

Cash Flow: $150,000

Gross Revenue: $450,000

EBITDA: N/A

FF&E: $115,000

Inventory: $2,000

Rent: $2,000 /Month

Established: 1998

Established Body Shop with growing client base

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Business Description

Established in 1998. Family owned and operated collision repair shop centrally located in Virginia Beach, VA. Established and growing client base. Newer equipment included in sale. Updated for 2019 Chief 360 frame machine and Titan laser system, Colmet semi downdraft new paint booth. Renovated office space, renovated bathroom (customer lounge) separate bathroom for technicians, all inspections and licensing is new and up to date. Currently "locked in" special rate long term lease (can be broken if you choose). Many amenities and great location on Princess Anne RD main drag in Virginia beach!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
10/23/2023
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Chief 360 Frame machine, Titan laser measuring system, paint room, Colmet Semi downdraft paint booth, new office space with customer dedicated bathroom, separate bathroom for techs, New north star high capacity compressor, Lincoln MIG welder, parts racks, wall mounted bumper racks, stands, paint equipment, body repair equipment, office equipment and d├ęcor and much more! Also includes surveillance equipment and fenced in outdoor lot. Website rights and ownership included in sale.
Competition:
This business is located on the main route, Princess Anne Rd and is centrally located close to Norfolk, Chesapeake, Suffolk, Hampton, Newport News and Portsmouth as well as .6 Miles from interstate I264.
Growth & Expansion:
The building surrounding this business are newly available for rent making this a spectacular opportunity for expansion. Buildings include fended in secured outside lots (paved and fenced).
Reason for Selling:
Ready for new opportunities
Business Website:
http://gtbodywerks.com
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Business Listed By:
Erin Rayle

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