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Asking Price:	$850,000 USD USA Dollars
Business for Sale Industry:	Auto & Mech: Retail
Reason for Selling:	Health reasons.
Year Established:	1984
# of Employees:	5
Yearly Revenues:	$720,000
Yearly Cash Flow:	$103,000

Business for Sale Overview:

Company is a full-service collision repair facility located North of Boston. Equipment includes a frame machine and downdraft spraybooth. The sale includes the real estate. This is a well-establish, highly visible business that does excellent work and has a consistent base of walk-in and word-of-mouth customers. It has good potential for growth in a number of ways: adding staff to meet demand, selling used cars (including ones they find and repair at the shop), or offering routine auto maintenance. Current owner has not actively marketed the business and the company does not have a website. Needed: $225,000 down from buyer.

Property Features and Assets:

The facilities include a 3,000 sq. ft. building (circa 1945) on an approximately 17,000 sq. ft. lot. It has great visibility and location on a well-travelled road. Real estate value: $625,000, furniture, fixtures: $125,000

Market Competition and Expansion:

Shop could be grown through more aggressive marketing, i.e., investing in local newspaper ads, establishing a website. Sales could also be increased by additing additional staff to meet demand. Could broaden services to include more general maintenance work as tire rotation, oil change and alignments. Could also sell used cars (it has a license) or repair and sell damaged cars that are repairable.

Additional Details:

• The property is owned.
• The owner may be 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 resale opportunity.
• This is not a distressed business or bankruptcy situation.