Auto Body Shop
Location: United States -> California -> Southern California – Los Angeles Area -> San Fernando Valley
Industry: Auto Related > Auto Repair
Businesses for sale Summary
Listed at 250,000.A Well-Equipped, Well-Situated Auto Body Business Located On Ventura Boulevard. This Is An Ideal Location. There Is A Very Spacious Work Area, With Ample, Clean, The Facility Has Two Fully Permitted Paint Booths (One With Heated Down Draft; One More Old Fashioned); Two Frame Machines, Three Lifts; Air Compressors And Other Equipment. There Has Been An Auto Body Business At This Location For Nearly 20 Years. The Shop Has A Reputation For Doing Excellent Work. They Currently Do No Advertising Or Marketing. They Presently Handle About 250 Cars A Year, But The Facility Is Capable Of Doing A Great Deal More. They Have No Drps. With Good Marketing, And By Acquiring Several Drps, A New Owner Could Turn This Location Into A Goldmine.
Why Is The Business For Sale? The Principals Of The Business Are A Father And Son. The Father Is A Highly Experienced Painter, But Lacks Management Skills. The Son Lacks Knowledge Of The Auto Body Business. They Have Been Unable To Acquire Any Drps, And Have Failed To Exploit This Business Location’s Full Potential. They Are Tired, And Intend To Pursue Other Business Interests.
The Purchase Price Includes A Lease Deposit Of $34,000. The Owners Might Consider Accepting A Down Payment Of $100,000 And A Note From The Buyer For The Balance, Financed Over Three Or Four Years.
Facilities: A Large 10,000 Sq. Ft. Work Area, And 800 Sq. Feet Of Well-Appointed Office Space. Rent: 13,000 Per Month (Base Plus Taxes And Insurance). There Is An Assumable Lease That Expires In 2013.
Call 805-529-9854 or email for more information on this Auto Body Shop for sale.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $500,000
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1999
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
