Autobody Paint And Restoration
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $180000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 1 - 3
Inventory 75000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training Full support.
Reason for Sale Owner retire.
Description Well established, full service automotive paint and body shop for sale. In business for 18 years, this well known shop has an excellent reputation with a loyal account base with both retail and wholesale trade. Prime location on a major, high traffic and high visibility, East-West highway right off of the 410 loop. Very profitable, great books, well known business with an excellent reputation.
The facility is attractive, clean, well equipped 6,400 sq ft building. The line will hold up to 30 vehicles. Good design and flow. The repair and prep area are all separate from the spray booth area. There is an additional 2,600 sq feet of well covered outdoor concrete area for work you can enjoy doing outside in the wonderful weather here in South Texas. The site has loads or parking and room for expansion. The lot is 1.2 acres that is totally fenced and gated. The business is situated in an upscale part of town and they enjoy a large growing clientele. They do full collision work and they also have an extensive background and strong bookings for restoration. Mainly 50s, 60s, & 70s vehicles.
The shop is owned and run by two brothers who started the business when they were in their mid 40's. Now in their 60's they limit the amount of work they bring in because they enjoy a slower pace and they make a nice living with a more laid back shop. This great facility with their reputation, prime location and a young aggressive operator could easily have sales in excess of a million dollars a year. They have one full time employee who is excellent in all areas of the shop.
Especially with his skills in body work and fabrication. He will stay with a new owner. We have very attractive financing up to 100% of the sale price available right now for qualified buyers.
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