Business For Sale

Body Shop, very profitable, owner retiring

Central Oho, OH
Franklin County


Asking Price: Annual Revenue:
$425,000 $500,000

Automotive & Boats: Auto Body Shop, Paint Shop


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RE: Body Shop, very profitable, owner retiring Broker: Jim Simmons
License #: 361004

Quick Facts

Asking Price: $425,000
Annual Revenue: $500,000
Net Profit: $125,000
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $256,000
Year Established: 1955
Employees: 5
BBN Listing #: 990127903
Broker Reference #: 217028734

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Business Overview:

Several auto mechanics bring cars for alignment work.

Same employees for the last seven years. Owner is the manager. NOT a direct repair program with the insurance companies. Ideal business for someone skilled in maintaining customer relations. 60+ years of business.

Sales for the last three years have averaged $500,000 plus. Owners have averaged income from the same three years of $125,000. Year 2016 owners earned $164,000.

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Property Features and Assets:

Property built for the business with paint booth & wheel alignment bays. Four overhead doors. Gas radiant heaters in main shop. Two furnaces for office and paint rooms. Central A/C for office. SW Licking County water and sewer hookup.

Market Competition and Expansion:

Great location. Amazon facility is nearby. And, Prologis Corporate Park also near. High traffic area. Almost no advertising. Word of mouth and prior data base of over 3,000 customers. Strong local referral & customer base with much repeat business.

Reason for Selling:

Retiring

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.

Documents:

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