Body Shop with Real Estate, Very Successful in Great Location

Listing Number: 9525-480211

Description

This successful auto-body repair shop in central Virginia has been in business since 1997. The shop enjoys an excellent reputation and relies on its long-term DRP relationships and past customer referrals for a constant flow of new work. They also have a few commercial accounts.

The business is largely turn-key with many long-term employees, including admin, estimating, purchasing, painting and collision repair technicians, many of whom are ICar certified. The Seller no longer works in the business but provides operational and financial guidance 10 to 15 hours per week.

The sale is envisioned as an asset sale including all equipment, FF&E, contracts, intellectual property and a long-term lease or the real estate can also be purchased. The seller is retiring but will stay as needed to ensure a smooth transition.

The business produces consistent top line sales over $2,000,000 and an SDE of approximately $425,000.
SBA financing is available, contact exclusive agent for more information.

Listing Details

• Price: ¥ 3,495,000
• Down Payment: ¥3,495,000
• Sellers Discretionary Earnings: ¥ 358,483
• Total Sales: ¥ 2,129,704
• Location: Glen Allen City, Virginia


• Inventory: ¥ 50,000
• FF&E: ¥ 200,000
• Employees: 11
• Year Established: 1995
• Reason for Selling: Retiring
• Category: Automotive