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Auto Body Shop - Environmentally Friendly
NCListing DetailsOffice ID: AUTO1
Status: Active
Listing Broker: Charles Milam, M&AMI, CBI
Listing Price: $396,000
Gross Revenue: $1,018,000
Cash Flow: $156,000
12 Month Forecast: $1,100,000
Forecasted Cash Flow: $168,000
Inventory: $6,000
Inventory Included: No
FF&E: $49,000
FF&E Included: Yes
Real Estate Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:
Seller will provide some financing for a qualified buyer
Reason for Sale:
Owner wishes to retire
Training:
Owner will provide 20 normal workdays of training and support and is willing to continue working in an extended transition
OperationsLast Acquired: 2006
Form of Ownership: S Corp
Employees (full-time): 6
Employees (part-time): 1
Managers: 1
Business Hours: Monday - Friday, 8am - 5pm
Summary
Business Description:
Combining classic customer service with new technology such as environmentally friendly water based paint, has built a loyal customer base of private owners of late-model foreign and domestic vehicles along with the small fleets of business owners.
Owner Qualifications:
General mechanical, business and people skills. Seller had not worked in the industry prior to buying the business.
Potential Growth:
With many years of consistent revenues and profits along with talented and experienced personnel, this shop is positioned to continue to grow its profits.
LocationType of Location: Stand Alone
Option: yes
Monthly Rent: $4,000
Square Footage: 6000
Last Updated: Sep 16, 2016 / 8:47 AM
Financial Information Current as of: Jul 23, 2013 / 2:17 PM
Lender Pre-Approved!
Yadkin Bank