Established Body Shop - On track for $1.3MM in 2022

This auto body repair shop has been established for over twenty years. It’s situated in a 6,672 sq. ft. building with space for 18 cars inside plus a large fenced in area behind the building that has parking for 35 cars and a water recycling system that allows cars to be washed and detailed on site. The equipment includes a down draft paint booth which is owned by the landlord who last year shared in the cost of a $100,000 upgrade of its mechanics. There are also two Chief frame racks and measuring systems. It has rebounded from the Covid slowdown and in February posted its best month ever with revenue of $141,257. The business is generated by word of mouth and referrals. The owners have not attempted to get any insurance business. This could be an opportunity for a new owner who wanted to develop a DRP business. One of the owners is moving out of state and the other has reached retirement age but would be willing to stay on with a buyer for a reasonable transition period. This would be an opportunity for someone with body shop experience to get a long-established shop with a great reputation, a good equipment package and below market rent. Location: Santa Clara County, California Year Established: 1999 Number of Employees: 6 f/t Real Estate: Leased Building Sq. Ft.: 6,672 Rent: $8,723.00 Per Month Lease Expiration: 2/29/2024 Facilities: Located in an auto center and has a large fenced in area that can hold 35 cars.