SOLD: Auto Body Repair Shop w/ Real Estate
- List Price: $2,500,000
- Sales: $3,732,124
- Adjusted Income: $1,106,471
- Down Payment: NA
- FFE Values: NA
- Inventory: $10,000
- R.E. Value: NA
- Location: Utah
This autobody repair shop has a 29-year track record of providing collision repair for cars and RVs. The company owns specialized equipment, including a 50-foot paint booth, and has established relationships with insurance providers. They are located in an area with strong population growth and limited competition.
To date in 2023, the company is exceeding management’s projections for the year, reflecting a stronger rebound in the autobody industry, as driving has increased significantly post-pandemic.
The real estate — approximately 12,000 square feet of office, warehouse and shop space on 1.12 acres — is also for sale for an additional $3 million. Some seller financing on the sale of the business may be negotiable for a well-qualified buyer.