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Asking Price$398,000
Revenue$333,493 Established1986
Cash Flow$95,959 Employees3 full, 3 part
FF&E$300,000 FranchiseNo
Inventory$55,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This established full service custom auto body shop and collision repair business has been one of the area's leading facilities, restoring all kinds of vehicles to new or better condition, for more than 27 years. Unfortunately, the owners body is no longer in fully restorable condition. He is retiring. This business would cost much more than half million dollars to start up new, if the County would issue additional permits which they are not. The spacious facility is equipped to do the highest quality structural repairs to frames and bodies, most mechanical work, custom body work, painting and finishing using the best technology and premium materials. All equipment - including paint booth, Magna frame straightening rack, and computerized paint mixing system, is top quality. Work flow is about 50/50 split between body/mechanical. Shop is located just off the interstate/beltway in Northern Virginia, in the affluent DC Metro market. New owner could be an experienced mechanic to continue the business as is or ambitious automotive services professional with drive to grow the business with additional mechanics, which the strong demographics will handle easily.
Training/Support:seller will train
Seller Financing:$398,000.00 Down and TBD
Sale Reason:Retiring after 27 years
Ad #41230
Seller Reference #21977
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Nicholas Amandos
631-265-7300
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