Hi-profit Auto Body Shop

Montgomery County, MD

Hi-profit Auto Body Shop
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Asking Price: $795,000

Cash Flow: $330,000

Gross Revenue: $3,200,000

EBITDA: $330,000

FF&E: N/A

Inventory: N/A

Rent: $14,541 /Month

Established: 1983

Hi-profit Auto Body Shop

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Business Description

Hi-Profit Auto and Truck Body Shop for sale

This is is a full-service auto and truck body shop with an impeccable reputation for honesty and quality work. It is one of the larger auto body facilities in its area. It has never paid for advertising; it is a 100% word-of-mouth and referral-based business. It enjoys consistently excellent on-line reviews. The business does not rely on any one single source of work for its business. Rather, management has intentionally diversified the company’s client base. It has self-pay clients, fleet work, direct and non-direct insurance work, as well as city, state, county and federal government repair work. Many accounts have been with with the company for 10, 20 or even 30 years! It accepts all insurances and is a direct-repair facility for two insurance companies. This company is an attractive place to work and has very low employee turnover.

Detailed Information

Location:
Montgomery County, MD
Real Estate:
Leased
Building SF:
13,700
Lease Expiration:
N/A
Employees:
19
Facilities:
The 13,700 square foot leased facility (plus fenced yard) is well equipped for the tasks at hand. Equipment includes 2 downdraft spray booths, 2 rotary lifts, 4 frame machines, 8 welders, etc. etc.
Competition:
There are other body shops in the area, but none with the long-term reputation, diversified client base base and low employee turnover that this business enjoys.
Growth & Expansion:
Adding some minimal marketing efforts (e.g. Google pay-per-click, direct mail coupons) could greatly accelerate growth.
Support & Training:
Seller will help train and familiarize the new owner with all aspects of the business after closing.
Reason for Selling:
Retirement.
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(from currently available funds)
 
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Don Naideck

Business Listed By:
Don Naideck

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