Extremely Profitable Auto Body Shop For Sale
Not Disclosed, FL Broward County
Central Broward
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- RE: Extremely Profitable Auto Body Shop For Sale
- Contact: Russell Cohen
Quick Facts
| Asking Price: | $750,000 | |
| Annual Revenue: | $1,422,378 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $244,948 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $20,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1989 | |
| Employees: | 4 | |
| BBN Listing #: | 37724955 | |
| Broker Reference #: | 1043-17964 |
Business Overview:
Reason for Sale: Retirement- Extremely Profitable Auto Body Shop for Sale- This is a full-service Auto Body Shop in Central Broward that has been in business since 1989. Sales are over $1,400,000 & the owner's benefit is $240k+ for 2023. Equipment includes a Paint Booth, a Frame Machine/Floor Rack and all the necessities of the trade. Experienced staff will transition to the new owner. Seller is a State Farm Select Service shop. State Farm accounts for 50% of the revenue. Other business revenues come from locals, word of mouth, other commercial businesses. 1/2-acre lot with multiple bays are underutilized. Long term lease in place. Same location for 34 years.
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Property Features and Assets:
Rent $12,000- Lease Expires 4/24-square feet 7,200- 7% yearly increases - One -5 year option- 1/2 acre lot. Assets = $35,000
Reason for Selling:
Retirement.
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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