Auto & Mech: Auto Body / Paint

Listing ID: 700218653

Listing Title: Auto & Mech: Auto Body / Paint

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Industry: Auto Related

Industry Segment: Auto Repair

Country: United States

State / Province: West Virginia


City: Berkeley Springs

Asking Price Range: $5.0M - $10.0M

Gross Revenues: $1,800,000

Cash Flow: $300,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1987

Number of Employees: 4 - 5

Business Description:
AUTO BODY & PAINT SHOP With the Real Estate. This is one of the Largest most productive ''BODY SHOP'' Businesses in our market area of Fredrick & Hagerstown areas, plus Charles Town & Martinsburg, WV... Gross Sales of about $1.8 million with a net of $300,000 + or -. Over 25 years in the Business. 11 highly skilled craftsmen - Large shop with clean offices, new $42,000 paint booth, meeting all new standards. ''GREEN'' water paint systems. 2 new frame machines, room for 12 work stations. New $33,000 welding systems just added, new $24,000 paving with over 40 parking spaces. New $46,000 Fire Sprinkler system. Good management will stay, owner retiring... Car Dealer licenses if needed. This is one of the most productive auto body shops in the market area. They have over 11 major Insurance companies providing them with business. They service Government fleets. Techs are on a flat rate system, with the owner getting good margins. There is over $140,000 of Capital Equipment, as well as, over $500,000 of Building and Property improvements. The property is a corner property at a traffic light to 2 main highways. Great exposure. The Property should appraise at over $1.2 million - This is a must see. The Price is right at $1,899,000 Make an offer. Contact for details.

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