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Business For Sale

RAPIDLY GROWING AUTO BODY REPAIR BIZ IN NOVA

Attn: Glenn Cunningham
'Not Disclosed', VA, USA
Listing #: 74316582
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Asking Price: Not Available
Business for Sale Industry: Auto & Mech: Services & Gas Stations  
 

Business for Sale Overview:

Rapidly Growing Auto Body Repair Biz in NoVA VA Listing #VA-1725 The Company provides services on an on-site basis to new car dealerships, car rental companies, auction sites, and fleet accounts. Service is faster, better, and at a cost less than half of the customer’s own body shop on a preset, daily or weekly schedule. The scope of work the company provides its customers includes: § Repairing and repainting medium size damage in doors, panels, fenders, etc., § Repairing and repainting damage to metal, urethane, or plastic bumpers, § Blending out key scratches, § Repairing scratches, scrapes and fade-out on black trim parts, § Repairing convertible and padded tops, § Reconditioning fades, foggy yellowed headlights The Company has created a rapidly growing revenue base. Annual revenues increased from $446,000 in 2006 to almost $1.1 million in 2007; with 2008 projections at 1.3 million. Sellers Discretionary Cash Flow was $335,972 in 2007. The purchase price for this transaction is unlisted. Owner intends to relocate to corporate headquarters/another location. The seller is seeking an all cash transaction; however, terms are negotiable based on the strength of the purchaser. Management understands that it is in both the buyers and seller best interest for a smooth transition. The seller is willing to work with the buyers through a reasonable transition period. Reason for Sale: Seller is moving out of state.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This is a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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