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Business For Sale
AUTOMOTIVE BODY AND PAINT REPAIR
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Asking Price: |
$450,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Investors retiring. |
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Year Established:
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1998 |
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# of Employees:
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17 |
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Yearly Revenues:
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$1,925,700 |
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Yearly Cash Flow:
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$150,000 |
Business for Sale Overview:
This is not your typical body shop… it is a first-class operation: facility, equipment, employees, and owners. They are proud of their workmanship and take great care to ensure every repair meets the highest industry standards for quality. This approach has helped them achieve a very high customer satisfaction level and, as a result, a high level of repeat business. Every repair technician has certified industry accreditations, such as I-CAR or ASE, and receives on-going training for current body repair and painting techniques. Their expertise is evident in the caliber of their work, which is backed by an outstanding warranty. All of this sets them apart from the competition. The company enjoys regular business from car dealerships, mechanical repair facilities, and other automotive-related companies as well as consistent “word of mouth” referrals from satisfied customers.
*Revenue and cash flow are projections for 2007; simple straight-line projection of actual through end-of-year; no seasonal or other variations have been factored in.
Market Competition and Expansion:
Auto body painting and repair is a core industry and this company is very well established in the local market, so a solid foundation for growth has been laid. Since only nominal advertising/marketing has been done in the past couple of years, a sales-oriented “people person” with general knowledge of the automotive business and a good marketing sense should be able to increase revenue. Additionally, the company does not have existing agreements in place with the major insurance companies to perform services for their clients at contracted rates. However, the facility would certainly meet the standards of such a contract if a new owner is willing to fulfill the administrative and other requirements of such relationships and, as a result, could readily increase sales substantially.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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