Auto Body Paint & Repair Business
Location:
United States
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California
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Southern California - Los Angeles Area
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Los Angeles
Industry: Auto Related > Auto Repair
Business Summary
GAS PRICES ARE UP, THE ECONOMY IS DOWN, BUT ONE THING HAS NOT CHANGED CALIFORNIA DRIVERS KEEP HAVING ACCIDENTS AND THAT IS WHY SOUTH BAY AUTO BODY REPAIR IS A GOOD BUSINESS FOR SALE. Auto repair businesses are among the more economy resilient businessess in the country. Why? Because drivers need their cars, plain and simple. So when they are involved in an accident, they get their cars repaired.
South Bay Auto Body Repair Co was established in 1980 and today it enjoys a high level of repeat and referral business as one of the premiere Direct Repair Providers {DRP}. They have a well trained and experienced staff of craftsmen who repair, replace, and paint to the highest quality standards. The company occupies 23,000 square feet of industrial space equipped with 3 state-of-the-art paint booths and related repair equipment.
South Bay Auto Body Repair has long term relationships with several leading insurance companies as well as local car dealerships, all of whom provide a steady stream of customers, month in and month out. The company writes an average of 140-160 repair estimates per week and has averaged over 200 repair jobs per month for the past several years. The average repair ticket is around $1800.00 per job.
The owner is retiring and leaving the area; however if necessary he will stay for training and to ensure a smooth transition for a negotiable period of time after the sale.
For more information, please contact Scott Probst at 310-539-8300.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$2,500,000
Cash Flow:
$5,184,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $250,000
Seller Financing: No
About The Business
Year Established: 1980
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide training for 4 weeks at 20 hours / week.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Auto Related > Auto Repair business for sale.
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Print Listing Id: 70092391
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