7101- Auto Body Collision Repair and Paint Services
For Sale in IN
Financial & Assets Details
About the Business
This auto body repair shop is located in northern Indiana. This business specializes in heavy collision repair as well as import cars, including Mercedes Benz, Lexus, and BMW. Services they offer include complete auto body repair, custom auto painting services, suspension repair, steering work, and minor auto maintenance services. With over 35 years of experience in the industry, they are able to handle any repair. They offer full range of fender-to-fender frame repair services at competitive prices and using only the finest in brand-name products and equipment. They even have a European paint system that can perfectly match any color of import car. Over their years in business, they have earned an excellent reputation for their dependable and reliable service.
This auto body repair shop has been in business since 1920 with the current ownership starting in 2004. After years of hard work and dedication to building this business, the current owner has decided to retire and let a new owner take this business to the next level. This Indiana based business is a great opportunity to take a business that is already successful and build on that foundation to secure your future. This company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Out of their total revenue, 90% comes from auto collision repair insurance claims and 10% from customer walk-ins. This company offers a new owner a successful business with stable revenues. For more information on this listing, contact us today.
Growth & Expansion
There are many effortless growth opportunities for this business. An assertive new owner might consider expanding the business by bringing in more direct repair insurance work. They also currently have blueprints for a building expansion. Another opportunity comes from stronger sales efforts such as outside sales and stronger marketing efforts with a sales team.
Negotiable for the right buyer
This business is located on 1 acre in a 5,000 sq. ft. building with office space and a 10 bay area featuring all the necessary equipment and a paint booth. It is in a high traffic location and there is room for expansion. The current owner keeps the property in excellent condition with updated refrigerated air compressors and new electric. While an all-inclusive sale is preferable, the property is owned with an option to lease, or purchase for an additional $400,000.
Support & Training
Key employees will most likely stay after transition. The owner is available for a reasonable transitioning period.