Business For Sale Listing 149839
Lucrative Auto Body Repair Northern Virginia
Status as of Aug-28-2008 at 05:59 PM: Active
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Business Summary
This is a Very Profitable Business - This is a growing and lucrative business with a rapidly expanding revenue base. Revenue has increased from approximately $450,000 (2006) to over $1,000,000 plus in 2007 and still climbing in 2008. The Company provides services on an on-site basis to new car dealerships, car rental companies, auction sites, and fleet accounts. Service is faster, better, and at a cost less than half of the customer’s own body shop on a preset, daily or weekly schedule.
The scope of work the company provides its customers includes: Repairing and repainting medium size damage in doors, panels, fenders, etc.; Repairing and repainting damage to metal, urethane, or plastic bumpers; Blending out key scratches; Repairing scratches, scrapes and fade-out on black trim parts; Repairing convertible and padded tops; reconditioning fades, foggy yellowed headlights
The purchase Price $690,000
Annual revenues increased from $446,000 in 2006 to almost $1.1 million in 2007 with 2008 projections at 1.3 million.
Sellers Discretionary Cash Flow was $335,972 in 2007.
Owner intends to relocate to corporate headquarters/another location. The seller is seeking an all cash transaction; however, terms are negotiable based on the strength of the purchaser. The seller is willing to work with the buyers through a reasonable transition period.
Reason for Sale: Seller is moving out of state.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million |
| Profits: |
Between $100 Thousand and $500 Thousand |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $500 Thousand and $1 Million (690,000) |
