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Business For Sale
RAPIDLY GROWING AUTO BODY REPAIR BIZ IN NOVA
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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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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