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37651 – Auto Body Repair Shop in West Virginia

AutomotiveFor Sale in WV

Financial & Assets Details

$1,516,421
$99,119
$196,717
$40,000
Yes
$700,000

About the Business

Yes
1990
13 nonunion.
Yes

Business Description

All-inclusive sale! As a direct choice repair shop for three insurance companies including USAA, this Northern West Virginia automotive paint and body shop has limited local competition. They offer 12-month warrantied, full-service vehicle restorations and collision repairs including autobody paint, clear coats, light or heavy cosmetic damage and chipping deterioration fixes. This business also provides window maintenance and replacements, minor bumper destruction treatment. They also offer mechanical estimations and fleet convenience, safety inspections, full examinations, wheel alignments, engine compression testing, internal coolant leak checks, and diagnostics. Included in the sale, the developed lot is nearly 1.3 acres and consists of two buildings featuring a shop with three bay doors and a parts room totaling 10,750 sq. ft. and garage storage area with 2 bay doors for detailing and spray-lining. It is zoned for commercial use and capable of handling additional capacity. Company’s large pool of repeat customers, its strong reputation supported by nearly 30 years of ongoing, quality-focused operations present several growth opportunities for an ambitious buyer, as sellers agree to assist with managerial and bookkeeping functions during a six month transition. Currently projecting $1,800,000 in gross income for 2019 reports, revenues for 2018 reached $1,516,421, along with $99,119 in SDE’s; based on an independent evaluation!

Seller Financing

Financing negotiable for the right buyer.

Support & Training

6 months.

Reason for Selling:

Approaching retirement and/or pursuing other interests.

Listing ID: 37651 - Auto Body Repair Shop in West Virginia

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