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- RE: 178796 Auto & RV Collision Repair BK
- Contact: Bill Kelly
Quick Facts
Asking Price: | $995,000 | |
Annual Revenue: | $1,450,543 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $272,876 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1959 | |
Employees: | 11 | |
BBN Listing #: | 939881 | |
Broker Reference #: | 9525-178796 |
Business Overview:
This business has been successfully operated for over 30 years in a major metropolitan area and has an excellent reputation with customers and insurance companies. The shop offers full-service collision and mechanical repair for most domestic and foreign cars as well as the more profitable vans, RV’s and light trucks. The shop includes two separate fully-equipped buildings, with two paint booths to accommodate autos and taller Vans.
The business is I-Car Gold Certified ensuring a well-trained labor force that includes technicians, Jr technicians, estimators, and administrative staff.
The real estate including both shops with approximately 5,000 sqft is available for long-term lease. The Seller is retiring and is willing to stay for a period-of-time to insure a smooth transition.
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Property Features and Assets:
Monthly Rent: $4,796.00
Square Units (Foot, Meter): 4,356
Lease Expiration Date: December 31, 2024, 9:00:00 PM
Market Competition and Expansion:
Competition: There are a few competitors in this market, however, this is the only iCar Gold certified shop. Also, the RV repair center is the only business of its kind in the area.
Expansion: This business is ready to grow! the shops have room to handle up to 50% more business. The RV repair business is 20-40% more profitable than the auto repair business because it is not regulated by insurance carriers.
Reason for Selling:
RetiringAdditional 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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