Large MA Preferred Auto Body Shop Business For Sale

Listing: 1229

Financial Information
Asking: $850,000
Gross: $3,000,000
Cash Flow: $274,000

Summary DescriptionThe auto insurance companies in Massachusetts are designating "Preferred" auto body shops and referring customers to these shops. This business is a Preferred shop for all of the leading insurance companies. Because of these relationships and the service it offers, this shop is doing very well. In the 1st quarter of 2010, revenues were up 14% vs. the 1st quarter of 2009 and profits were up $80,000. This profitable auto body and auto painting business has been serving customers in Eastern Massachusetts since the 1980s. The company's revenues are nearly $3 million annually. Shops this large are rarely available on the market. This auto body shop has a large facility from which they provide collision repair and painting services to a wide variety of customers. Services provided include collision repair, framework, painting and other repair services. The shop has a bay for large (long haul) trucks. The business currently operates from a very accessible location in Eastern Massachusetts. The location provides ample off-street parking.

General Information
Facilities: Rent is approximately $10,000 per month. A new lease with an extended term may be available from the property owner. All of the equipment is included in the sale, which includes four spray/bake booths, a frame machine with laser measuring, a spot welder, a downdraft prep station and two compressors with refrigerated dryers. The computer system's servers were upgraded in 2009.
Growth and Expansion: Opportunities exist to expand the collision repair business by adding an additional frame machine or an alignment machine. More efficient management and increased marketing efforts will improve profits.
Reason Selling: Retirement
Year Established: 1980
Employees: 16

Contact Information
Contact: Marc Gudema
Phone: 617-562-5700

BayState Business Brokers, 60 Leo Birmingham Parkway Suite 1L Boston, MA 02135

T: 617-562-5700, F: 617-562-5701

info@mabusinessbrokers.com