Listing Number: 86715-887891
Description
A 39-Year-Old Auto Collision and Paint and Body Shop located in Central Alabama. The owner is retiring and is looking for a buyer with direct/indirect experience to purchase the business and the property.
The company has a repeat customer base that continues to provide higher revenues each year, which is a perfect opportunity for buyers to scale the business. The property is located on 1.3 acres of land consisting of 3 improved buildings that have a total of 18 bays and two paint booths. One building is mainly an office and warehouse for repair work and the other two buildings can support additional capacity, further increasing revenues. Revenues and profitability are consistent and continue to trend higher each year coupled with a skilled ready-made staff to support work orders.
Pricing includes the combined operating fixed assets along with accounts receivable and real estate. Seller is offering some seller financing on the business, however subject to final review and approval. All potential buyers will be required to provide some form of proof of funds and or background review.
Listing Details
- Price: $ 1,250,000
- Down Payment: $1,250,000
- Sellers Discretionary Earnings: $ 137,453
- Total Sales: $ 911,914
- Location: Etowah County, Alabama
- Inventory: $ 0
- FF&E: $ 98,746
- Employees: 6
- Year Established: 1985
- Reason for Selling: Retirement
- Category: Automotive
