Thriving Commercial Auto Body Shop - $40K Down - SBA Pre-Qualified

Cuyahoga County, Ohio, United States

Asking Price$425k

Revenue$531k

EBITDA$97k

Cash Flow$174k

Description

Premier full-service auto body shop has a seventeen-year track record of excellence in body repair. 80% of the work orders are from commercial businesses. Providing an outstanding cash flow, easy entry and excellent backlog, this company generates $174,000 in cash each and every year. This does not include the additional cash transactions of $3,000 per week ($100,000 annually) that are not reflected in the cash flow or EBITA amounts presented Fleets, used and new car lots and referrals make up the bulk of the business volume along with referrals from these customers. The business prides themselves in their commitment to quality work and a dedication to extraordinary customer service. The business services southwestern Cuyahoga and Northern Medina Counties. The commercial aspect of this business virtually eliminates receivables and provides a steady influx of weekly cash. Their location within 10 miles of a multitude of vehicle sales makes them an outstanding financial performer that is poised for rapid growth! Needing only $40,000 down and good credit makes this an ideal opportunity for the motivated new entrepreneur.

Real Estate

Rent is $1,550 per month

Building Size: 1800 sq. ft.

Furniture Fixtures & Equipment

$24k

Number of EmployeesFull-Time: 3

Year Established

2007

Reason Selling

Pursue other interests

Support & Training

Owner will provide training and consultation for 90 days after purchase

Financing Options

Seller financing is available.Pre-Qualified SBA loan available with $40,000 down payment. Partial Seller Financing Available

Asking Price$425k

Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.