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71394- Well-Established Collision Repair in Northern CA

For Sale in CA

Listing ID: 71394 | Broker Listing ID:

Financial & Assets Details

$1,400,000
$280,000
$343,000
Yes

About the Business

1975
8 FT
Yes

Business Description

The company is an auto body collision repair shop, specializing in all types of cars, trucks and vans. Their primary services include collision repair, frame straightening and paint refinishing. The company operates from a 12,500-square foot facility, which the current owner owns and would prefer sale as lease-to-own. Offering these services requires tools, equipment, a paint booth and technicians with paint and collision repair experience. The company has a proven track record, supported by over forty years of ongoing business. With its niche range of services, marketing efforts focus on targeting local car owners, insurance agents and commercial enterprises in Northern California. Revenues have been steadily increasing over the past five years, due to an increase in referral business from local insurance companies. In 2008, they weren’t even at $900,000 in sales. While the books are still being finalized, it appears the company’s total revenue was near $1,400,000 with an SDE near $280k. With manager and foreman in place, this is business is primed to sale! Please, contact IAG offices today.

Seller Financing

Negotiable for the right buyer

Support & Training

The employees would most likely stay on and the owner is available for standard transition up to six months.

Reason for Selling:

Approaching retirement

Listing ID: 71394

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