Turn Key Auto Body Shop With Real Estate

Business Overview:

For Sale is a long-standing, turn-key auto body repair shop. Established in Winona County in 1977, this company provides high-quality car body repair services. All the assets required to run the operation are included in the asking price, including the real estate. Owner is willing to stay on for a mutually agreed upon time to transition clients to new owner. Perfect as a roll up to an existing operation or for someone who wants to exit employment and become self-employed.

The Company provides services for customers that may have been in a fender-bender, run into deer, have rust, or been victim to hail, among other sources of automotive body damage. In addition, the Company changes tires for customers, including mounting and balancing.

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Property Features and Assets:

Included in the asking price is a 4 bay auto body repair building. The building is approximately 1,250 square feet. Parking for about 4 vehicles outside. Located in a busy area, the Company has good exposure to the local and extended community. Assets = $162,400

Market Competition and Expansion:

The Company experiences average amounts of competition. Over the five years to 2027, the industry is anticipated to continue to recover, albeit modestly, supported in part by improving economic conditions and pent-up consumer demand for auto services. In all, demand for auto body and glass repair services will likely remain reliant on factors such as the number of vehicle collisions, the number of cars on the road and disposable income levels. Over the next five years, the unemployment rate is expected to decline, resulting in a rise in disposable income. Moreover, while vehicle usage is set to increase in the outlook period, the proliferation of advanced driver assistance systems in vehicles is likely to reduce total accidents, constraining demand for auto body repairs. Overall, industry revenue is expected to increase an annualized 1.0% to $59.4 billion over the five years to 2027. The Business is located on a busy road in a growing community. Opportunities to grow the business abound, including increasing advertising, increasing staffing, and adding an admin person to handle phone calls and paperwork. The Company currently experiences demand for its services in excess of its ability to provide those services.

Reason for Selling:

Owner wishes to retire.

Additional Details:

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