Auto Body Shop with $870,000 in Revenues For Sale
Great Location on A Very Busy Street
Norfolk County, Massachusetts
Listing Number: 1550
Asking Price: $342,000
Gross Revenues: $870,000
Cash Flow: $185,000
This auto body shop combines $870,000 in revenues and a great location. The firm has operated at the same location for several years and has developed a well-established customer base. With over 4,000 SF of space on a quarter acre of land, it has the capacity to do much more in sales. The business also has a used car sales license.
In addition to retail customers, the business has several commercial customers and a DRP relationship with an insurance company.
This offering is for the purchase of the auto body repair business in its entirety including equipment.
Facilities: The business property has easy customer access and ample parking. The building has multiple bays, a semi-downdraft spraybooth, a frame machine, computerized estimating system, and other equipment needed to paint and repair collision damage.
Growth & Expansion: This shop has room to add more dollars of revenue. This shop has the attributes that insurance companies look for in an auto body shop and the capacity to add more sales. Expansion of marketing efforts and participation in DRP insurance company programs could significantly increase growth and expand revenue for the purchaser.
Employees: 6 FT
Financing: SBA financing with a 10% to 20% down payment should be available to qualified buyers.
Support & Training: The owner will work with a buyer to enable him to take over the business.
Reason Selling: Retirement