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

Cleveland, OH
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Asking Price:$425,000
Gross Revenue:$530,500
FF&E:$24,000
Cash Flow:$174,000
Rent:$1,550/Month
Established Year:2007
BUSINESS 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.


DETAILED INFORMATION
Location
Cleveland, OH
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,800
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Pre-Qualified SBA loan available with $40,000 down payment. Partial Seller Financing
Support & Training
Seller will provide training and consultation for 90 days after purchase
Reason for Selling
Pursue other Interests
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Bill
Molchan
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Bill Molchan