Successful Top Brand Auto Body In Minneapolis

Minneapolis, MN
Hennepin County


Asking Price: Annual Revenue:
$525,000 $1,598,226

Automotive & Boats: Auto Body Shop, Paint Shop


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RE: Successful Top Brand Auto Body In Minneapolis Broker: Seller of Business

Quick Facts

Asking Price: $525,000
Annual Revenue: $1,598,226
Net Profit: Not Disclosed
Cash Flow: $264,944
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1975
Employees: 7
BBN Listing #: 157355583
Broker Reference #: ma.mn.rich

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Business Overview:

Successful National Auto Body Franchise resale - Established in 1975. Very Little to No Covid Impact! This is THE #1 Auto-body and Paint franchise model in the US! The business is situated in a high visibility area in a well-maintained, modern facility with equipped stalls/bays, lifts, state-of-the-art equipment, parts, etc. Your crew is solid and very reliable. YOU as the owner will NOT work on cars. You will be trained for the management role and everything you need to know to be a successful owner. If You Are Tired Of The Corporate Rat Race, Getting Laid Off, And Working To Put Money Into Someone Else's Pocket, This Is Your Business. Seller is retiring. *Option to purchase property, not included in asking price. Contact us for the NDA for discussion.

Possible Deal Structure:
Investment considerations:
· Projected ROI of 56%
· Total purchase price: $525,000
· Down payment: $105,000 (20% x $525,000=$105,000)
· Current SDE (what you would earn in the business): $264,944
· Amount financed $420,000 ($525,000 - $105,000 = $420,000)
· Debt service per year (annual note payment): $55,954 (10 years at 6.00% apprx.)
· SDE less debt service: = $208,990 ($264,944 – $55,954 = $208,990)
· Assume - New owner to pull $150,000 a year out of the business in wages
· Remaining SDE (cash flow) after owner wages and paying annual debt service = $58,990 ($264,944 – $150,000 - $55,954 = $58,990)

· Return on investment or your return on injected capital (down payment) year after year = 56%! ($58,990/$105,000) Tough to get this in the stock market!

· This scenario does not include working capital.

· Important: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisors opinion and are comfortable with the presented numbers from the seller.

*Super Clean Operation
*Great Customer Base
*Solid Continuous Business
*Long History Of Success
*Plenty of Space & Parking
*Highly Trained Crew
*The #1 Auto-Body And Paint Business Model In America!
*One Of The Absolute Best Reputations
*You Won’t Find A Better Franchise Brand!
*Walk Into A Business That Gives You The Type Of Freedom You've Always Dreamed Of
*You Don't Need To Open And Close And Your Family Life Will Not Suffer
*As An Owner, You Will Not Work On Cars
*Our Owners Are High Level Senior Decision-Makers Who Build Relationships In The Community, Manage People, And Lead Highly Skilled Technicians

*You Do Not Need Experience Or A Background In The Automotive Industry To Succeed
*The Franchise Training Is State Of The Art And Comprehensive
The seller and the franchisor wished us to keep this sale confidential which is why we are not publishing sensitive financial information or the name. NDA required.

*Gross Sales and Cash Flow stated by seller. Buyers must verify all data, financials, appraisals, FFE/Assets, inventory, etc. with the seller and buyer’s own professional advisors. Always confirm all information prior to putting any money at risk.

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CONTACT US for details. We will email you the brief online/electronic NDA. Watch your emails (spam/junk folders also) for our email within a few minutes of your inquiry.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Super clean, smooth operating, well-maintained facility. Managers/Techs/office staff in place. Plenty of parking. State of the art equipment. 15,000 SF.

Market Competition and Expansion:

#1 brand in the industry. Implement aggressive advertising, marketing. Diversify services. Follow franchise system.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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