Auto Collision Shop in Broward with Real Estate

Listing Number: 0101-153051

Description

One of the best collision companies in the State of FL is now available for purchase. Includes real estate, modern building & large gated yard. Top of the line equipment. Strong referral base w/ insurance firms (Progressive, GEICO, State Farm) & major car rental firms whose fleets provide a high volume of work. Virtually no advertising done or outside sales, the upside in this amazing business is unlimited. Strong year over year growth w/above average industry margins. Buyer financial statement & signed confidential agreement required before disclosure. No visits without scheduling the same through listing Broker. Very confidential. Excellent Visa business & perfect family operation. 2019 financials have been annualized from 9-30-19. Rent expense is included in financials statements. Financials have been adjusted to add 1 FT employee to replace 1 family member of Seller. Bld. is 5,400 SF, Land total 28,000 SF + 11,835 SF. Current real estate appraisal on file. SBA lender pre-qualified.

Listing Details

• Price: $3,950,000
• Down Payment: $900,000
• Sellers Discretionary Earnings: $1,162,297
• Total Sales: $2,477,657
• Location: Broward County, Florida


• Inventory: $20,000
• FF&E: $500,000
• Employees: 9
• Year Established: 2013
• Reason for Selling: Other interests
• Category: Automotive