Extremely Profitable Auto Body Shop for Sale

Business
  • Listing# : 17964
  • Listed Price : $750,000
  • Total Sales : $1,422,378
  • SIC : 7532
  • Down Payment : $75,000
  • Status : Active
  • Discretionary Earnings : $244,948

Business Type :

Automotive / Auto Body Repair

Business Description :

Reason for Sale: Retirement- Extremely Profitable Auto Body Shop for Sale- This is a full-service Auto Body Shop in Central Broward that has been in business since 1989. Sales are over $1,400,000 & the owner's benefit is $240k+ for 2023. Equipment includes a Paint Booth, a Frame Machine/Floor Rack and all the necessities of the trade. Experienced staff will transition to the new owner. Seller is a State Farm Select Service shop. State Farm accounts for 50% of the revenue. Other business revenues come from locals, word of mouth, other commercial businesses. 1/2-acre lot with multiple bays are underutilized. Long term lease in place. Same location for 34 years. 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $15,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $20,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $35,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Automotive