August 8, 2018

Sold: HIGHLY PROFITABLE AUTO REPAIR SHOP – FAMILY OWNED FOR 49 YEARS LA: $1,754,000

Reference # : CGLA – 00140

Asking Price: $1,754,000

Gross Revenue:$736,008

EBITDA:$258,871

FF&E:$200,000

Real Estate:$777,514

Established:1968

Business Description

CHISCA GROUP Business Brokers presents this long established, well-known, automotive collision shop with a great reputation for superior work and personal service.

Established in 1968, this business has been owned and operated by a successful family since its inception. The family has built a very profitable business based on repairing automobiles the “right way” and are highly customer service oriented. This business has withstood the test of time.

Company has a great working relationship with all insurance companies and only uses high-quality parts.

Shop also operates as a wrecker service and includes more than 1 acre of land for a complete turn-key business and solid investment.


Detailed Information

Real Estate: Owned (Included in asking price)
Building Sq. Ft.: 8,983
Employees: 7
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Business sits on 1.17 acres of prime real estate in a growing, high per-capita income city. This city is one of the most affluent in the state. The business has been in this one location for 49 years and is in the middle of an expanding area of the city. The business is on a busy roadway with major national chain fast food restaurants across the street. The location is approximately 600 yards away from an Interstate. Two large shops, an office and other buildings make up almost 9,000 square feet of space. Business has 13 bays and can accommodate more than 30 cars at any given time.
Competition: This business is in a prime location and is considered one of the best places to get quality work on a car. This market has few competitors and many drivers on the road.
Growth & Expansion: This business has 1 DRP with a very popular, national insurance company with other insurance companies desiring to do business. This company is perfect for a larger, multiple location auto body company to acquire and expand the brand.
Support & Training: Owners will be available to train for up to 30 days on-site.
Reason for Selling: Retirement