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Broker Contact Information |
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Auto Body Repair Center | Listing ID: 20287 |
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| Asking Price: |
$795,000 |
Status: |
Active |
| Business Type: |
Automotive - Auto Repair |
Reference #: |
BBF-47800231 |
| Business Location: |
Highland County, Florida |
Broker Coop: |
Yes |
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Highlands County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$1,265,000 |
Full-Time Employee: |
11 |
| Cash Flow: |
$330,000 |
Part-Time Employee: |
0 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
3,500 SF |
| Year Established: |
2001 |
Rent /Month (Include NNN): |
$3,500 |
| Accounting Info(years): |
3 |
Lease Exp.Date: |
neg |
| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
No |
Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
12 |
Lease Renewable: |
Yes |
| Hours of Operation: |
Mon-Fri 9:00am to 5:00pm |
Lease Transferable: |
Yes |
| Reason For Sale: |
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Rent Increase: |
0 |
| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
Yes |
| Real Estate Value: |
$500,000 |
Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$300,000 |
| Fixture & Equipment Value: |
$148,000 |
Seller Financing Term(years): |
10yrs |
| Inventory Included: |
Yes |
Annual Interest Rate: |
6.0% |
| Inventory Value: |
$30,500 |
Min. Down Requested: |
$200,000 |
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Business Description |
Auto body repair center open eight years. Strong YOY revenue and profit growth. Equipment in place for all types of collision repair, including five post frame machine, touch laser measurement system, heated paint spray booth, welding equipment, and computerized paint mixing system. Restoration services and custom paint jobs. Well networked with all major insurance companies. Experienced, motivated staff focused on customer satisfaction. Favorable lease terms with option to buy, includes home.
Great ROI, with manager at $80,000/year, business still returns > 30% ROI, with real estate > 22%. |
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