High Tech Auto Body Shop For Sale
Auto Body Shop with Real Estate For Sale
Metrowest Area, MA
Listing Number: 1669
Business Asking Price: $530,000
Real Estate Asking Price: $1,350,000
2019 Gross Revenues: $1,600,000
2019 Cash Flow: $213,000
This auto body shop offers a unique opportunity to buy a successful body shop with real estate. With its up-to-date equipment and experienced technicians, it has no comparable competition in the area. This is the body shop of choice for consumers with mid-range and luxury vehicles. Located in an upscale urban area, it is unlikely that a competitor can start a new shop. The business has operated at the same location for decades and has developed a well-established customer base.
The business property has easy customer access. The building has multiple bays, a downdraft spraybooth, several frame machines, computerized estimating system, and other equipment needed to paint and repair collision damage. The equipment is in very good condition and shouldn’t require replacement for several years.
In addition to retail customers, the business has DRP relationships with insurance companies and services fleet accounts. This offering is for the purchase of the auto body repair business in its entirety including equipment. The owner is selling to retire.
The property consists of almost an acre of land. The building contains over 6,000 square feet with about 5,000 square feet devoted to the shop area.
Growth & Expansion:
This shop has room to add more revenue. The owner estimates that it can handle at least $500,000 more in revenues. This shop has the attributes that insurance companies look for in an auto body shop. Expansion of marketing efforts and participation in more DRP insurance company programs could significantly expand revenues for the purchaser.
Support & Training: The seller will provide training and support to ensure a smooth transition.
Reason Selling: Retirement