Autobody And Collision Repair Shop
Not Disclosed, NY Sullivan County
Located in Southern New York
Seller's Contact Information
- RE: Autobody And Collision Repair Shop
- Contact: Will Simmons
Quick Facts
| Asking Price: | $700,000 | |
| Annual Revenue: | $917,875 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $287,074 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 3 | |
| BBN Listing #: | 390562509 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The company was originally founded in 2006, with both owners being master painters for automobiles, and have been in the trade since their early 20’s.
With decades of experience each, the current owners have passed on their knowledge and expertise to the business’ two body shop technicians. Thanks to their investments into their employees and the business process, the current owners have been able to reduce their involvement in the business and focus more on the business and strategies for growth and profitability.
The shop has fantastic relationships with insurance providers, local businesses and its customers. In addition to repairs, the shop also works with enthusiasts looking to improve their vehicles’ performance and aesthetics.
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Property Features and Assets:
The company conducts business out of a 5,000 commercial facility covering two parcels on a corner lot. The facility also has a waiting area where customers can lounge while their vehicles are being serviced. In addition, this space is centrally located on one of the main streets, and is highly visible to potential customers. In addition to the company, the owners are interested in selling the accompanying property as well for $430,000. The property is owned in a separate LLC from the business.
Market Competition and Expansion:
The company has no direct competition in the area with regards to collision repair and automobile paintwork. However, the firm is still able to set themselves apart from any potential competition due to the fact that they are a direct repair shop for 6 reputable insurance firms, providing the firm with established credibility.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- 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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