MergerPlace

Specialty Automotive

Missouri


  • Asking Price: $1,200,000
  • Gross Income: $1,800,000
  • Cash Flow: $395,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #216559
  • Established: 2008
  • Employees: >14

Business Description

Perfect business for the Car Enthusiast. Highly profitable automobile restoration business with a strong track record of success and a large backlog of work.
This business normal customer are HIGH NET WORTH individuals who want and are willing to pay for a bespoke automotive experience. Quality is everything - price is secondary.

The business has a great staff of craftsmen who work on a wide variety of makes and models. The company attracts customers from around the world and has a well defined process of generating interest and leads. In fact, they actually close 90% of estimated work - exceptionally high in this industry.

The Wall Street Journal highlighted Classic Cars as the best investments over the last few years and the market shows nothing but growth into the future. The business has a backlog of >6 months of work in-hand and has demonstrated growth year over year. Great investment, financing is available for as little as 10% down-payment.


Business Details

Primary Business Category: Services - Other Services
Location: Missouri

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: >14

Financial Information

Asking Price: $1,200,000
Gross Revenue: $1,800,000
Cash Flow: $395,000
Seller Financing Available: No

Property Information

Facilities:

Same location > 10 years. Leased space, fully secured, sprinklered and alarmed. The space features dedicated work areas for body, metal, upholstery, paint, assembly/disassembly, customer delivery and showroom. Lease is transferable.

Growth & expansion opportunities:

Current backlog is > 6 months and demand has been steadily increasing. All growth comes from a well defined program and the results speak for themselves.

Competition:

Lot's of small shops focusing on delivering 1-4 jobs per year. Few competitors offer the range of service, scale and quality that this shop is known for.

Reason for selling:

Owner retirement

Support & Training:

Owner will provide 30 days on the job training to buyer. Owner is willing to consider additional consultation period under mutually agreed terms.

Contact Business Seller

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Business Listed By:

Steven Denny

Innovative Business Advisors