Business for Sale Overview:
This is a Very Profitable Business - This is a growing and lucrative business with a rapidly expanding revenue base. Revenue has increased from approximately $450,000 (2006) to over $1,000,000 plus in 2007 and still climbing in 2008. 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; conditioning fades, foggy yellowed headlights.
The purchase Price $690,000.
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.
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. The seller is willing to work with the buyers through a reasonable transition period.
Reason for Sale: Seller is moving out of state.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Moving
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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