Unique Off-Site Auto Paint and Repair Shop

Sterling, VA (Loudoun County)

Seller Financing Available
Unique Off-Site Auto Paint and Repair Shop
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Asking Price: Get Financing: $175,000

Cash Flow: $95,000

Gross Revenue: $228,137

EBITDA: $95,000

FF&E: $35,000

Inventory: $2,000

Lease Rate: $1,000 /Month

Established: 2003

Unique Off-Site Auto Paint and Repair Shop

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Business Description

Well established off-site paint and repair operation. Been in business over 15 years with hundreds of clients who have a need for service that insurance companies will not cover (due to deductible). Excellent work at half the price. Main source of income is through a service relationship with 5 major car dealerships in the Sterling, VA area. This business does all of their "nicks, touch-ups, small body repair" before the car goes back into service at the dealership. Two person operation. Principal owner can earn close to $100,000. / year. This would be ideal for an experienced auto body person, with a helper, or a terrific acquisition for a established paint and body shop to pick up the client list.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
7/31/2023
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Small, but very functional building located in one of the major dealership's satellite parking lots. Just 2 minutes off Old Ox Road; easy to get to.
Competition:
Established business; business model is unique. Not too many people in the business.
Growth & Expansion:
You can always reach out to additional dealerships; sale price includes the seller's phone number, which has over 1,000. customer contact information.
Financing:
To be determined
Support & Training:
Up to 2 months; buyer will work with seller to properly introduce the new owner with the 5 major dealerships.
Reason for Selling:
Retiring
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Mike Saedlo

Business Listed By:
Mike Saedlo

Mike Saedlo Group, LLC

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