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Business For Sale

Klassic Auto/Cycle Refinishing Shop-Wants QuikSale

Bellevue, WA

Auto & Mech: Services & Gas Stations

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$104,000
$475,000
$423,000
$423,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1990
3
164133448
Owner Financing is Available!

Business Overview:

Ken Kiefer is a gifted body repairman and for over two decades has garnered hundreds of loyal customers for Klassic Auto Refinishing in Bellevue. Medical conditions now force this sale at an amazingly low asking price at less than the value of the equipment alone. 21-years is long enough he says, time to let someone else reap the harvest. Located in the corner of a busy business park with 20-parking spaces, Klassic Auto has a reception office and two attached back offices. The shop entrance opens to over 5,000 sq. ft. with 2-paint booths and separate detail shops which could easily be subleased by others if desired. The up side of this operation can not be over stated. Plenty of opportunity there. The right operator is sure to see this opportunity for what it is and snatch it up right away.

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:

Klassic Auto Refinishing: Automobile/Motorcycle body shop. 21-years at this 6,000 SF Bellevue location with 9,000 SF secured fenced yard. Sprinkled shop/mixing room with radiant heat, video security system inside & out, drive-on frame bench, 750 SF offices, 1000 SF Detail Shop & area wtih water separator, plus much more. 1-year left on $7,000 NNN lease. All equipment, computers, estimating systems, air compressors, floor jacks, etc etc valued approx $125,000, stays. Owner health failing, desires quick sale. FF&E of $125,000 plus Inventory of $3,300 is included in the asking price.

Market Competition and Expansion:

Located in Bellevue, a thriving suburb of Seattle. Several other automotive dealers and auto parts stores in immediate area. This works in favor of this business opportunity because area is a magnate for automotive activity. Lots of up side to this enterprise. Owner has turned away business due to his own lack of energy and lack of skilled labor on his staff.

Reason for Selling:

Health, desires a quick sale.

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.

Resources: