MergerPlace

Large and Small Vehicle Collision Repair

Michigan


  • Asking Price: $1,000,000
  • Gross Income: $2,200,000
  • Cash Flow: $184,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #202928
  • Established: Not Disclosed
  • Employees:

Business Description

It has been a great 40-year run for the owners of this successful multi-location business specializing in automobile and large vehicle collision repairs, but now is the time to retire and transition the business to only its second owner.

The automotive collision repair facility is very attractive and can be leased from a third party under favorable terms. The “large vehicle” facility has been recently upgraded and is in good condition. The “large vehicle” building is owned by the sellers and can be leased or purchased for $350,000.

The company, with a full-time manager in place and an excellent seasoned and well-trained staff, has many contracts with insurance companies which supply a consistent flow of new business.

Total revenue has been growing, from $1,580,00 in fiscal 2013 to $2,200,00 during the latest fiscal year. This growth has resulted from the addition of large vehicle capability. The cash flow for the business and revenue growth could be further enhanced by a focused and involved owner-operator.

Please note that potential buyers will be required to sign a non-disclosure agreement, and individual buyers will be required to demonstrate the financial strength to consummate a purchase. To learn more about this outstanding opportunity please contact Glen Toadvine (glen@praxisbusinessbrokers.com).


Business Details

Primary Business Category: Services - Other Services
Location: Michigan

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,000,000
Gross Revenue: $2,200,000
Cash Flow: $184,000
Seller Financing Available: Yes

Contact Business Seller

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Business Listed By:

Glen Toadvine

Praxis Business Brokers