MergerPlace

Established Body Shop with Real Estate

South Fort Worth, Texas (Tarrant)


  • Asking Price: $1,200,000
  • Gross Income: $360,000
  • Cash Flow: Not Disclosed
  • Real Estate: $900,000
  • Inventory: $80,000
  • FF&E: Not Disclosed
  • Listing ID: #224778
  • Established: 2002
  • Employees: 3FT

Business Description

Office ID: #001044

Nearly two decades operated auto body & paint shop with real estate + next door 2 story building in a well-known area for auto service is available for acquisition. This business was established in 2002 and acquired by the current owner of the business after renovations. This auto paint & body shop is in a 4,800 SF freestanding building that is located in an area that is well-known for a corridor for automotive-related service. This auto body shop provides services such as paint repair, general body repair, paint jobs, and the sale of truck accessories. There are some competitors within the immediate market area, but this business offers great quality services with extremely low prices than the market average. Also, the overflowing demand for auto services in this particular street is allowing the business for consistent growth. The current customer base is filled with many individuals with a small number of corporate accounts which has built for the last 18 years of operation. The majority of the customers are the middle class of Caucasian and Hispanic individuals. Sales in the last 5 years have averaged to $38,000-$40,000/month, and haven’t been so much impacted by Covid-19. The sale can be significantly raised if proactive marketing is done in nearby communities since there is no single marketing currently. Proactive marketing to target individual customers and adding more corporate customers from insurance companies or dealerships will provide an adequate increase in yearly sales. The next door 2 story building which is included in the sale can also be used as an expansion for the auto body & paint shop. This is a great opportunity to acquire a well-established auto paint & body shop for a potential buyer who is willing to be more hands-on in the day-to-day operation and proactive marketing to reach out to an untapped demographic of this market area.


Business Details

Primary Business Category: Services - Business
Location: Texas
Metropolitan Area: South Fort Worth
County: Tarrant

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3FT

Financial Information

Asking Price: $1,200,000
Gross Revenue: $360,000
Inventory: $80,000
Real Estate: $900,000
Seller Financing Available: No

Property Information

Facilities:

Located in a 5,120 SF free standing building, this auto shop does paint and body repairs. Right beside the body shop is a 3,400 SF freestanding building that was leased to a tenant for auto sales. Both buildings are included in the sale, totaling 8,520 in building SF and 14,000 in land SF.

Growth & expansion opportunities:

No forms of marketing are currently done, but lots of word of mouth goes around the local area since the business has been established for over a decade. The addition of more corporate customers will help increase overall sales and a more consistent cash flow. Expanding the facility to the next building would also be a viable option to increase sales.

Competition:

Many competitors are within the immediate market area due to the street located is a well-known area for auto services, but there are still rooms to grow for this business since the demand in the local area is huge. Also, this business provides extremely competitive price points and quality service compared to other competitors within the immediate market area.

Reason for selling:

Retirement

Support & Training:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.

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Business Listed By:

V-AID Group

www.v-aidgroup.com