MergerPlace

Profitable Unique Collision Repair

Florida (Miami-Dade)


  • Asking Price: $430,000
  • Gross Income: $761,288
  • Cash Flow: $148,007
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $10,000
  • Listing ID: #210965
  • Established: 2015
  • Employees: 12 FT

Business Description

This well-established collision repair shop offers all-inclusive body work and quality paint services. They perform all types of collision repair work including frame repair, accident and glass repair. No business is too big or too small. They repair all makes and models, from Chevrolet's to Ferrari's. They work with all insurances and self insured customers. The business has a loyal following of repeat customers. Buyer financial statement and signed confidential disclosure required before disclosure. Very confidential. No visits. By appointment only. This business may qualify for a VISA!


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12 FT

Financial Information

Asking Price: $430,000
Gross Revenue: $761,288
Cash Flow: $148,007
FF&E: $10,000
Inventory: $15,000
Seller Financing Available: Yes

Property Information

Facilities:

Large office with glass storefront across the main road, with reception, several work rooms, a paint-mix room, warehouse and a large yard which is subdivided. Two of the subdivision lots have been subleased and seller collects rent. The lease can be extended until December 2026.

Growth & expansion opportunities:

This collision repair company sees an average of 50-60 cars per month and works with the largest insurance companies like State Farm, Progressive and Geico. Due to their unique business model and the ever increasing number of cars in the road, the future of this company seems secure and quite bright.

Competition:

While there are many collision repair businesses in Miami-Dade county, you'd be hard pressed to find one with the same location and such huge exposure to hundreds of thousands of cars driving before their storefront on a daily basis. Additionally, their business model is so unique - with no overhead and complete participation on the upside, that their success is all but guaranteed. Add to that the fact that our roads are flooded with cars - and the future of this collision repair shop seems quite bright.

Reason for selling:

Partners have decided to split.

Support & Training:

Will train for 3 weeks @ $0 cost. Excellent opportunity for a newcomer in the field or for an established player. This collision repair shop has a very unique business model - it has guaranteed success with no downside. No skills required - work is done by the subcontractors, who pay a percentage of the gross to the owner. The subcontractors also pay rent to the the owner via sublease agreements. The subcontractors also pay for the shop utilities. The owner is only in supervisory role and has no risk in the business, but participates in the profit taking and the upside. Everyone works under the owner's license.

Contact Business Seller

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Business Listed By:

Anton Joro

Murphy Business Brokers