* Included in Asking Price
Reputable auto body shop with over thirty years of history. Established in 1985, this Southwest Omaha body shop has worked hard to establish and maintain a solid reputation for over thirty years. Some customers even drive from as far away as Kansas City to only have their auto body work done at this location. A virtual wall of hand written testimonials from customers over the years attests to their quality work and rapport with clientele. 70% of their business is repeat insurance referrals and 30% of customers are new private customers. 90% of new customers are referral based. This business covers everything from insurance claims handling, towing, paintless dent repair, glass replacement, specialized paint services, frame repair, spot welding, and rental car arrangements. This business comes turnkey with two body specialists and one paint specialist keeping the bays full. There is a growth opportunity a new owner could pursue by expanding into commercial accounts with fleets. In the first year, after all debts and expenses are paid, the new buyer can expect to profit $54,095, a 180% return on their $30,000 down payment.
Reason for Selling: Retirement
Personnel: 2 body specialists and one paint specialist
History: Since 1985
Support to Buyer: 90 Days
Purchase Price: $310,000
10% Buyer Down Payment: $30,000
15% Seller Financing: $45,000
75% Bank Loan: $225,000
Bank Loan 66% Collateralized
In the first year, after all debts and expenses are paid, the new buyer can expect to profit $54,095, a 180% return on their $30,000 down payment.
Next Steps For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com
|Facilities:||Lease: $30,000 yr|
|Training/Support:||Support to Buyer: 90 Days|
Seller Reference #AUT013
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