Retired owner - automotive body shop profiting $90K to 100K+ annually

, Texas 3 views 0 favorites

Financial Highlights
Asking Price
$199,999
Revenue
$360,237
Business Description

This is a BROKER's listing; please do NOT submit an inquiry for this business if you have NO intent to: 1) Complete & sign a Confidentiality agreement (a.k.a. Non-disclosure [NDA]) + be ready to submit a copy of your DL; 2) Respect SELLER'S business confidentiality by not disclosing Business info to third party or communicating with Employees and/or Customers; 3) Make advanced appointment/notify BROKER of your approach of SELLERs. 4) Other brokers/agents please identify and request a co-brokering agreement on your 1st contact of Listing BROKER. * Serious buyers only - must sign NDA & submit valid ID (no exceptions for this listing). Seller/Operator of the body shop is also the landlord (LL) of the property where the automobile body shop is located. Therefore, the buyer could rest assured that the business' financial disclosure is very realistic and that Seller will remain within reach to help you even beyond the business transition period. Listed profit: $116,277 is based on 2019 Recast (displayed Gross Revenue is also 2019) 2020 Profit - not available until after the tax season 2018 profit: $97,360 also based on 2018 Recast Location: Garland, Texas Year Established: 2015 Number of Employees: 3 Real Estate: Owned Building Sq. Ft.: 3,000 Facilities: Seller owned the facility and will charge Buyer $3,500/monthly in RENT (NNN already included). Market Outlook/ Competition: Seller agrees to refer all his returned clients to Buyer as Seller will not have access to the paint booth anymore after selling the business. Also, not too many shops in this area comes with a paint booth grandfathered in as that type of booth is limited by the city. Growth & Expansion: Business premise is well fenced. Buyer could rest assured that their business assets/inventory will be protected. Rent comes with a good size parking for many cars waiting to be repaired. Business is well established at the same location for many years.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 1 week ago

Views: 3

Favorites: 0