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- RE: Auto Body & Repair Shop With Real Estate
- Contact: Rick Barth
Quick Facts
Asking Price: | $3,200,000 | |
Annual Revenue: | $1,800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $800,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1997 | |
Employees: | 5 | |
BBN Listing #: | 980572 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This is a HIGHLY PROFITABLE full-service auto body and repair shop with two locations - one location does the body work accounting for 50% of sales and the other location does the repair work accounting for 40% of sales. The remaining 10% of sales are used car sales done from the repair shop location. The two locations are a short distance apart. The business accepts work on all models but specializes in Japanese cars.
The sellers are selling the business and real estate together. The ideal buyer would purchase the entire offering - the business and real estate for both locations. Purchasing the business alone is also an option.
The real estate is offered by BEST CORPORATE REAL ESTATE, Richard Barth, Agent, Ohio License #2021006737.
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Property Features and Assets:
The body shop opened in 2010 and is a HIGHLY ATTRACTIVE ~9,000 square feet custom-built building designed by the owner to optimize work flow and reduce utility costs. It is very clean, has two large bays, 1 paint booth, paint mixing room, ample storage for parts, 600-amp service, office, bathroom, kitchen, spare bedroom, and parking for ~18 cars outside. The repair shop opened in 1997 and moved to the current location in 2000. It is ~3,900 square feet, has a front office, bathroom, 6 bays with lifts, back office, showroom, and parking for ~20 cars outside.
Market Competition and Expansion:
The business is located on a busy commercial street adjacent to a well-established residential neighborhood, is highly visible, and only 3 mins from a major highway. There is limited competition in the area. Sales are very steady with good owner cash flow every year, and no dip during covid. Excellent opportunity for someone wanting to buy a HIGHLY PROFITABLE, well-established, business with a great reputation and very strong repeat customer base with growth potential. The body shop has a current backlog of ~3 months which could be reduced with increased staffing thus yielding immediate growth, and the facility has the room for growth. The repair shop also has a backlog but more limited in space. Sales could be increased by advertising which the Seller has rarely pursued, instead relying mostly on word of mouth and a great Google rating.
Reason for Selling:
RetiringAdditional 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
Relevant Links:
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