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Attractive High-Volume Automotive Collision Business
$300,000Seller Financing
Attractive High-Volume Automotive Collision Business

Washtenaw County, MI

Having been in business for 10 years, the owner is now ready to retire and transition the business to its second owner. The facility is very attractive, having a large impressive well-decorated, waiting area. The equipment is newer and in great shape with a 2-bay spray/bake oven, modern computerized paint mixing system, and two 3-post frame straightening machines. All equipment can handle cars and small trucks. Overall the facility is running under capacity. The facility is 12,000 square feet, sits on about 2 acres of land and has plenty of parking. The building is on a long-term lease from a third party under favorable terms. The current monthly lease rate is under $6,000 per month, or less than 5% of revenues. The company has a full-time manager in place and an excellent seasoned and well-trained staff of about 10 employees. The shop has contracts with many insurance companies as well as fleet accounts that supply a consistent flow of business. The current owner does very little advertising. Total revenue has been growing, FYE 2017 was $1,586,000, FYE 2018 is currently tracking a similar path. The business is currently absentee owned, an active new owner would most likely grow both revenue and profitability. The owner states the buyer should have specific industry experience, this is not an investment opportunity for a buyer that does not have this experience. The asking price does not include the inventory and WIP, which averages about $90,000 at cost. Please note the potential buyer will be required to sign a non-disclosure agreement, and individual buyers will be required to demonstrate their financial ability to consummate the purchase. To learn more about this outstanding opportunity please contact Glen Toadvine (glen@praxisbusinessbrokers.com).

Auto Repair Facility
$399,900Cash Flow: $165,135Seller Financing
Auto Repair Facility

Macomb County, MI

This is a rare opportunity to own a long established independent iconic auto repair business in Macomb County. This turn-key repair facility has served the surrounding communities for over 50 years and is located on a highly traveled road. The business is capable of handing of up to 20 vehicles at a time in its expansive shop floor. Personal care and quality work has produced a steady stream of income ($165,135) and the facility has a great reputation and goodwill. The current operation offers a full range of services thru certified mechanics and includes all of the equipment necessary to run a full service repair shop. The building is offered in addition to the purchase price for $250,000. This business and building is potentially SBA financeable to the right buyer with 20% down or Seller financing is available for the business only. The current owner is ready to retire and is very motivated to move on in his life. Call Merrick Blumenthal at 248-891-9649 or visit www.merrickbusinessbroker.com


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