Seller's Contact Information
- RE: Turnkey Truck Collision Repair Business
- Contact: Tom Doyle
Quick Facts
Asking Price: | $6,500,000 | |
Annual Revenue: | $3,960,694 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $679,474 | |
Total Debt: | Not Disclosed | |
FF&E: | 1,196,558 | |
Real Estate: | $4 | |
Year Established: | 1979 | |
Employees: | 24 | |
BBN Listing #: | 469835915 | |
Broker Reference #: | 2960 |
Business Overview:
This turnkey truck collision repair business provides services such as detailing, collision repair, painting, frame straightening and frame modifications to commercial trucks, semi tractors, motor coaches and other large-scale vehicles. The business works directly with insurance companies to facilitate quoting and billing for their customers. They are a preferred network shop for notable insurance companies and receive many referrals directly from them. The business has strong systems and processes in order to provide the highest quality of service and to turn the work around quickly for their customers.
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Property Features and Assets:
The business is located on approximately 6 acres with over 50,000 square feet under roof in multiple buildings on the property. Approximately 4 acres of paved concrete provide ample parking for vehicles. The facility is conveniently located near a busy interstate. Real Estate offered through Robert Clements, Next Generation Realty. 2011 NW 100th St., Clive, IA 50325.
Market Competition and Expansion:
The business could grow with the addition of an outside salesperson to cultivate more fleet customers. The business could also add quick-lube service for trucks and other engine repair services as a new revenue stream. The business is already seeing requests for work on vehicles outside their normal scope of business such as electric vehicles and high-wall vans, so adding the equipment and workers needed to service these vehicles would be a great opportunity for a new owner.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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