Coastal Maine Auto Body Business & Real Estate
| Asking Price: | $795,000 |
| Gross Revenue: | $1,007,000 |
| Real Estate: | $400,000 |
| Cash Flow: | $190,000 |
| FF&E: | $150,000 |
| Established Year: | 1994 |
30+ year history in the same location - real estate included
Auto body, paint, and collision business servicing coastal Maine. The business has been in continuous operation for 30+ years in its current location, and enjoys a strong local reputation. The current owner is not involved in the day to day of the business.
The business has seen consistent growth and has a backlog of customers in the area. The surrounding towns are relatively more affluent, and there is no competition within 5+ miles.
Business and real estate included in the sale - 5,000sf building with radiant floor heat, built in 1994. Two large lifts, paint booth, and paint room included in the sale, among other FF&E.
Opportunity to expand as an owner-occupant, or hiring additional techs. Opportunity to expand direct pay with insurance companies as well. Largely insurance-based reimbursements.
