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Proven Auto Body and Detailing

Mchenry, IL (McHenry County)

Auto Body For Sale
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Asking Price: Get Financing: $197,500

Cash Flow: $80,000

Gross Revenue: $199,000

EBITDA: $80,000

FF&E: $110,000

Inventory: N/A

Real Estate: $299,000*

Established: 1997

*not included in asking price.

Proven Auto Body and Detailing

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Business Description

Located in growing area of McHenry County.

This 9,000 sq. ft. building is prime location for this auto body and detailing shop located in the Northwest suburbs. This shop does all the towing for the Village and for 2 car dealerships. Roughly $5000 in tows per month.

Sitting on over an acre of land, this business is perfectly situated to take advantage of the new housing development and retail developments nearby.

This complete body shop with auto repair, enjoys insurance work and private customer pay. Facility includes Crossflow spray booth, paint and paint storage room, 20 ton G Force 2000 Garbber, in addition to a Twin Tower Frame Machine. 500 sq/ft fully equipped office. Compliant Washrooms. Secured fenced for outside storage. 4 extra-large overhead doors will accept trucks, campers and motor homes. Extra-large Blacktop drive, and much more. Owner has priced to sell.

Real Estate and Business must be sold together!
• Business = $ 199,000
• Real Estate = $299,000

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
9,000
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
9,000 square foot building has new roof and is in perfect condition. No updates needed.
Competition:
Competition is limited as this company has been in operation for over 20 years and the reputation is first class. Commercial and retail customers keep coming back and new customers are added daily as a result of word of mouth referrals.
Growth & Expansion:
Expansion opportunities are plentiful. The business is currently operated without any advertising, without seeking out any additional commercial clients, and often turns down work due to owner's advanced age and limited hours working in the business.
Support & Training:
The Seller will work with the Buyer to ensure smooth transition of business operations and relationships with commercial and retail customers.
Reason for Selling:
Retirement
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Les Veil

Business Listed By:
Les Veil

Next Level Business Advisors

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