Business Overview:
Established Auto Body and Custom Restoration Business. Seller Financing Available. This profitable shop has two revenue streams: Auto body repair and custom restoration. Currently generating $8,000 in net cash flow per month and sales are trending upward. The body repair side has maintained strong relationships with insurance carriers and a high volume of fleet business, including city and federal government and Fortune 500 companies. The shop also enjoys a great reputation for its high-quality custom restoration work – from repainting to a ground up restoration. The restoration side of the business represents 40% of the total revenue and usually has a long customer waiting list. When there is a lull in body repair, the restoration side can easily be increased, thus ensuring a more consistent cash flow compared with other body repair shops.
Great street-front location in the heart of Central Orange County. The 7,700 square feet facility comes with more than adequate shop space and plenty of office space. Equipment included in the sale is valued at over $100,000 and includes a Chisum Freedom Frame Machine and an ultrasonic measuring device.Seller is open to seller financing and is willing to stay on for a reasonable period for training and to ensure a smooth transition.
Sales: $430,000 (projection for 2010)
FF&E included in Sale: $100,000
Net Cash Flow: $106,000 (projection for 2010)
Asking: $295,000
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
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.
Property Features and Assets:
7,700 square feet - rent $7,000. lease expires 2013.
Reason for Selling:
other ventures.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.