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Auto Repair - Body Shop - Paint Booth -Tow Lot
Not Disclosed, NA
Not Disclosed
Maryland - DC Beltway
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| Asking Price: | Annual Revenue: |
| $495,000 | $480,000 |
Automotive & Boats: Auto & Truck Repair & Service
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RE: Auto Repair - Body Shop - Paint Booth -Tow Lot
Contact: Dennis Riley
Quick Facts
| Asking Price: | $495,000 | |
| Annual Revenue: | $480,000 | |
| Net Profit: | $220 | |
| Cash Flow: | $220,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 180,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 7 | |
| BBN Listing #: | 58982144 | |
| Broker Reference #: | 7029 |
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Business Overview:
This Automotive repair Business has 5 Lifts & work Stations. It is a Auto Body repair Business also with an 'up-draft' Paint Booth.. The owner Rents out the Auto Body shop and Paint Booth to other users for additional income and those People bring in additional customers for the repair Business. This Business after 30 plus years has a loyal local following. He has 7 regular Technicians and others that come in on a part time basis. Their storage lot can hold 35 cars. A new owner could add a Towing Business.
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Property Features and Assets:
Rent is $6,000 and is off set by 'Renters' of the Lifts & the Paint Booth. The Owner has been in this location for over 30 years, he is the best known for quality service by all of the community. He has customers who come more than 20 miles to the Business.
Market Competition and Expansion:
A new owner can do many new 'Things' with this Business. They can expand the Auto body Business to contracting with Many used car lots in the area that need auto body work and repairs. You can be a specialists on Installing & selling ayto upgrades specialty products. The owner will help a new owner and then slowly retire.
Reason for Selling:
Retiring, can stay with new owner.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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