Revamped Automotive Body Shop for Sale with Property (17891)
Asking Price: | $2,600,000 |
Inventory: | $82,000 |
FF&E: | $225,000 |
Established Year: | 2000 |
Gross Revenue: | $140,000 |
EBITDA: | $32,493 |
Real Estate: | $2,700,000 |
The Auto Body Shop in Birmingham, AL Area has been completely revamped in the office and showroom. The 20,000 SF warehouse facility has a paint booth and has served well for auto body repairs. Property has an approximate value of $135 per Sq ft, subject to appraisal and 5,000 SF is used for another business bringing rental income for the new ownership. 15,000 SF is used for the business included in this sale. The collision repair business provides services to both modern and classic vehicles including foreign, domestic, and European makes. Primary services consist of comprehensive automotive collision services, paint, frame repair, dent repair, and body part replacements. The high overhead doors make semi-truck repairs a capability. With high attention to details, they are recognized for quality. From Direct Repairs, and marketing, to new hires and fleet accounts, the facility has ample parking space and is capable of handling several growth opportunities. Customer base consists primarily of regional residents, commercial accounts, some government work, and insurance companies who are in need of vehicle repair and collision repair services. The Company has a proven track record of being able to stay ahead of market trends, new technologies, and changing trends in the types of late model automobiles, service schedules and the latest in collision repair techniques. With its range of service offerings, marketing efforts focus on targeting repeating business utilizing word of mouth and some store-based advertising. With just one employee the Revenues for 2022 were $140,000 with one employee and minimal marketing efforts. This business is ready to flourish under new ownership.