Business For Sale

Auto Body Shop focused on Insurance Repair niche

Sarasota, FL
Sarasota County


Asking Price: Annual Revenue:
$1,749,000 $820,347

Automotive & Boats: Auto Body Shop, Paint Shop


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RE: Auto Body Shop focused on Insurance Repair niche Broker: Denis J. Burke, MBA
Owner Financing is Available!
$1,250,000 @6% over 30 years balloon in 10 years.

Quick Facts

Asking Price: $1,749,000
Annual Revenue: $820,347
Net Profit: Not Disclosed
Cash Flow: $148,000
Total Debt: Not Disclosed
FF&E: $304,760
Real Estate: $1,350,000
Year Established: 1976
Employees: 7
BBN Listing #: 312745879
Broker Reference #: Not Disclosed

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Business Overview:

Legacy Auto Body repair shop in prime Sarasota commercial area close to downtown.The Company has been owned by the same family and in Business for 42 years.Very well known service provider to auto insurance industry. It includes the Business goodwill, all clients, vendors and the Real Estate consisting of a +/-13,000 square feet building on just over 1/2 an acre.The company has a niche in so far as its predominant clients are well known Auto Insurance Companies.The owner and his team assess auto damages to facilitate insurance agencies with the settlement of claims.In order to avoid Bank red tape and to simplify the buying process, the SELLER is willing to FINANCE with $600,000 Down and carry a note for $1,250,000 amortized over 30 years @6% with a balloon in 10 years.

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Market Competition and Expansion:

Possible service on general automotive or add a roadside towing service.The facility has a lot of potential for the right buyer who has creativity and imagination.

Reason for Selling:

Retiring after 42 years in the Business.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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