Auto Body Shop With Tremendous Track Record
Not Disclosed, IL Cook County
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- RE: Auto Body Shop With Tremendous Track Record
- Contact: Matt Friscia
Quick Facts
| Asking Price: | $650,000 | |
| Annual Revenue: | $1,624,363 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $112,610 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $155,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1983 | |
| Employees: | 8 | |
| BBN Listing #: | 940391 | |
| Broker Reference #: | 041621-976815 |
Business Overview:
This auto body business presents a commitment to honesty, reliability, and customer satisfaction while ensuring that every car is repaired correctly the first time. They strive for an exceptional experience for each customer. This business comes with an extensive business history with over 40 years of experience and thousands of satisfied clients. The business has consistent revenues in excess of $1,600,000. There is a spacious workshop and office space with dedicated front and side parking that comes with this business. The equipment is well-maintained and in excellent working condition. Sterling reputation in the auto repair industry as shown by customer reviews. 60% of their business comes from the insurance side so there are a sold referral sources. Large storage lot to accommodate 40 plus cars. MOTIVATED SELLER.
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Property Features and Assets:
Monthly Rent: $4,500.00
Square Units (Foot, Meter): 12,000
Lease Expiration Date: January 28, 2027, 12:00:00 AM
Terms Options: 3 year current lease and open to discussions to buy the building.
Market Competition and Expansion:
Expansion: Less than 2 percent of sales is spent on advertising so there is a real opportunity to spread the word about this company to more private pay clients and/or bring on more insurance providers that would use this shop for repairs. Gross Revenue can be grown by purchasing other new equipment such as electronic equipment for scans and calibrations, suspension alignment machine and charging Stations for full EV vehicles. A dedicated in-house mechanic could be helpful and a dedicated aluminum area for all aluminum body vehicle.
Reason for Selling:
Retiring
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
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