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- RE: Classic Car Restoration Shop
- Contact: Karl Taft
Quick Facts
Asking Price: | $70,000 | |
Annual Revenue: | $126,430 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $20,130 | |
Total Debt: | Not Disclosed | |
FF&E: | $24,800 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 1 | |
BBN Listing #: | 993014 | |
Broker Reference #: | 69071-288488 |
Business Overview:
Discover a unique opportunity to own a thriving classic car restoration shop, perfectly suited for an owner-operator or small business looking to expand. Originally focused on late-model cars, the business successfully pivoted to a classic car-only focus in 2022, resulting in higher ticket items, increased profit margins, reduced price sensitivity, and a steady revenue stream.
With a loyal client base and word-of-mouth referrals, the shop boasts a backlog of projects and immense growth potential. The current owner, after years of dedication and hard work, has decided to retire and is seeking a worthy successor to take the reins. This presents a rare opportunity for a new owner to step into a proven business model and build on the existing momentum. The new owner will also have the flexibility to expand services to include late-model car repairs and maintenance, opening up additional revenue streams.
Notably, the current owner has not actively marketed the business, leaving significant room for growth and expansion through targeted marketing efforts. The owner is committed to ensuring a seamless transition, offering support and guidance to ensure the continued success of the business. With a solid foundation in place, the new owner can take this business to the next level and achieve even greater success.
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Reason for Selling:
other opportunitiesAdditional 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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