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Maryland Business For Sale

  
AUTOMOTIVE REPAIR & SERVICE, INSURANCE DRP


Attn: Bill Busche
Chicago, MD, USA
Listing Number: "41192"
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Asking Price: $17,000,000 USD USA Dollars
Business for Sale Industry: Auto & Mech: Services & Gas Stations
Reason for Selling: Retirement
Year Established: 1993
# of Employees: 20



Business for Sale Overview:
This automotive repair business in Chicago, Illinois has been in operation for 14 years. There is little competition, and customers choose this business over the competition not only because of their superior work, but also because they work with major insurance companies through the Insurance DRP (Direct Repair Program) services they offer. Specializing in auto body repair, this business also provides general mechanical auto service as well. There are 20 full-time employees who will remain after the sale of the business. The owner would be willing to stay for one year after the sale is complete in order to facilitate a smooth transition. The owner would also be willing to accept a non-compete agreement.

Property Features and Assets:
The business is operated within two buildings: one single-story structure that includes 15 bays, and one two-story structure that includes 10 bays. Structures include bays specifically dedicated to paint and detail work.

Market Competition and Expansion:
Business could easily be expanded by opening a second location and extending normal business hours.


Additional Details:
  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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