Profitable Body/Paint Shop- Eastern Georgia

Not Disclosed, GA

Asking Price: Annual Revenue:
$750,000 $756,647

Automotive & Boats: Auto Body Shop, Paint Shop

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RE: Profitable Body/Paint Shop- Eastern Georgia Broker: Jesse Stone

Quick Facts

Asking Price: $750,000
Annual Revenue: $756,647
Net Profit: Not Disclosed
Cash Flow: $190,154
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $400,000
Year Established: 2013
Employees: 5
BBN Listing #: 37064955
Broker Reference #: 1207-16152

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Business Overview:

This is a profitable and well-established body and paint shop in eastern Georgia. They have been in business in their current location since 2013 and have shown consistent profit for the last several years. The shop is well equipped and neat.

The cash flow shown is for a buyer purchasing the business and the real estate.

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 6-months of principal and interest paid by the SBA to the lender on your behalf. The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (3% of the guaranteed amount for this size loan). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.

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Property Features and Assets:

The lot is 1 acre+ with plenty of parking. The building is metal construction and in great condition. They have a very attractive office and reception area. Assets= $465,000

Market Competition and Expansion:

The business has only one direct competitor with whom they have a good referral relationship. Most of the shops in the area are much bigger and work on a different model. Additional marketing and website would help drive new business to the business.

Reason for Selling:

Owners are relocating.

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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