Listing Number: 86715-887891
Description
Established Auto Collision and Paint & Body Shop for Sale in Etowah County, Alabama
Overview: This 39-year-old auto collision and paint & body shop is a rare opportunity for buyers with direct or indirect experience in the industry. Located in Etowah County, Alabama, the owner is retiring and looking for a buyer to take over both the business and the property.
Key Highlights:
Consistent Growth: The business boasts a loyal repeat customer base, driving higher revenues each year. This presents a perfect opportunity for buyers to scale the business further.
Prime Location: Situated on 1.3 acres of land, the property includes three improved buildings with a total of 18 bays and two paint booths. Building 1 serves as an office and warehouse for repair work, while Buildings 2 and 3 can support additional capacity, further increasing revenues.
Skilled Staff: The business comes with a skilled, ready-made staff to support ongoing work orders, ensuring a smooth transition for the new owner.
Financials:
Seller’s Discretionary Earnings: $137,453
Total Sales: $911,914
Inventory: $0
FF&E: $98,746
Employees: 6
Facilities: The property features a total gross building area of 13,986 SFT. Building 1 includes an office area of 1,160 SFT with HVAC, while Buildings 2 and 3 are warehouse-only spaces that can be used for additional capacity.
Seller Financing: The seller is offering some financing on the business, subject to final review and approval. All potential buyers will be required to provide proof of funds and/or undergo a background review.
Why This Business? With consistent revenues and profitability, a skilled staff, and ample room for growth, this business is a prime opportunity for the right buyer. The combination of operating fixed assets, accounts receivable, and real estate makes this a comprehensive package for anyone looking to invest in a well-established and profitable business.
Listing Details
- Price: $ 1,250,000
- Down Payment: $1,062,500
- Sellers Discretionary Earnings: $ 137,453
- Total Sales: $ 911,914
- Location: Etowah County, Alabama
- Inventory: $ 0
- FF&E: $ 98,746
- Employees: 6
- Year Established: 1985
- Reason for Selling: Retirement
- Category: Automotive
