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Auto Body

Pike County, Pennsylvania

Asking Price: Gross: Cash Flow:
$599,000 $1,240,000 $280,000

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Business Summary:
Well known established (21 years) Collision Repair and Auto Body Shop in Northeastern PA. Approved supplier for 6 insurance companies & 3 fleet managers. Only approved vendor in the immediate area for 1 national insurance company. Revenues are derived from insurance companies (75%), fleets (12%) and retail trade (13%). Outstanding technicians on staff & excellent customer service. 10 bays plus spray booth, framing machine, current tools & other required equipment. Consistent strong cash flow over multiple years.

 
   
   
Year Business was Established: 21
   
Number of Employees: 7  
   
Facilities / Terms of Lease: 6,400 sq. ft. building with 10 working days plus paint & spray booth, framing machine & all neg wired tools. 10 year facility lease plus one 10 year option  
   
Potential Growth/Expansion: Strengthen insurance company and fleet relationships. Add technicians as required.  
   
Competition: Well-known and respected in local market. Strong insurance company business providing recurring revenue.  
   
Owner willing to finance: 5% interest, 3 year note  
   
Owner willing to train: As required  
   
Reason for selling: Other business interest  
 

 

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