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Auto Body Repair

Wayne County , Pennsylvania

Asking Price: Gross: Cash Flow:
$650,000 $1,215,000 $272,600

Inventory Value:
$5,000 (included in the asking price)

Real Estate:
$475,000 ( not included in the asking price)

Business Summary:
Well known established (18 years+) collision repair and auto body shop in northeastern PA. Approved supplier for six insurance companies and three fleet managers. Only approved vendor in the county for one national insurance company. Revenues are derived from insurance companies (75%), fleets (12%) and retail trade (13%). Outstanding technicians on staff and excellent customer service. Car rental agency on-site for customers. Ten bays plus spray booth, framing machine, current tools and other required equipment. Consistent strong cash flow over multiple years. Figures derived from tax returns. For further information, please contact Larry Svoboda at 908-851-9040, Ext. 267

 
   
   
Year Business was Established: 1995
   
Number of Employees: 8  
   
Facilities / Terms of Lease: 6,400 sq. ft. facility highly visible on main highway. Ample parking. Facility well maintained. Ten bays plus spray booth. Experienced well trained labor force.  
   
Potential Growth/Expansion: Market to additional insurance companies and fleet managers. Establish website and local marketing to improve customer awareness.  
   
Competition: Well known in local area for high quality work and excellent customer service. Preferred vendor for several insurance companies and fleet managers on site car rental to enhance customer service  
   
Owner willing to finance: Five year note on business at prime +2%  
   
Owner willing to train: As required  
   
Reason for selling: Retirement  
 

 

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