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- RE: Project Automotive | Large Body Shop
- Contact: Michael Weisbeck
Quick Facts
Asking Price: | $2,000,000 | |
Annual Revenue: | $3,620,551 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $374,951 | |
Real Estate: | $2,940,000 | |
Year Established: | 1976 | |
Employees: | 18 | |
BBN Listing #: | SB-56336 | |
Broker Reference #: | NORTHDK001-56336 |
Business Overview:
This business is a locally owned and operated Automotive Body & Paint Shop that was founded in the Dakotas in 1976. They offer a wide variety of services including truck body repair and painting, RV work, frame repairs, boat repairs, fiberglass and aluminum work, sandblasting, industrial painting, and semi-trailer repair.They primarily serve clients within a 250-mile radius but have customers coming from up to 600-miles away because they are one of the largest body repair shops in the region. They serve clients in ND, SD, MN, MT, WI, IA, and Manitoba. Their seasoned staff of 18 employees boast consistently excellent workmanship, a great work culture, and a willingness to take on almost any job. The retention of key leadership through this transition will enable a new owner to pursue revenue and profitability growth through significant sales opportunities.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:
This property is improved with three buildings, paved customer and employee parking, and a large gravel-surfaced yard enclosed by security fencing. The main building is a large, pre-engineered metal structure that was built in 1998 and enlarged in 2005. It contains 3,246 sq/ft of main floor office, parts storage, employee lunchroom space, and 25,540 Sq/Ft of heated area with 22-foot sidewalls. The service area is used for vehicle repair, a wash bay, paint bays, and a paint mixing/storage room. There is 960 sq/ft of mezzanine office area, which is also included in the gross building area. There is a free-standing, pre-engineered metal building on the northwest corner of the site. It has an area of 2,250 sq/ft, has 18-foot sidewalls, and is not heated. It is used for sandblasting. There is also 2,560 sq/ft, free standing metal covered pole building used for material storage on the northern portion of the site. This building is finished with a concrete floor, metal liner panels on the wall and ceiling, and is heated with a space heater.ÂReason for Selling:
Owners are wanting to retire.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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