Auto Restoration Business

Listing ID: 70083854

Listing Title: Auto Restoration Business

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Industry: Auto Related

Industry Segment: Other Auto Related

Country: United States

State / Province: Florida


City: Polk County

Asking Price Range: < $250K

Gross Revenues: $470,000

Cash Flow: $83,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2004

Number of Employees: 6 - 9

Business Description:
The business is owned and operated by a semi-retired husband and wife team who have not aggressively marketed the Business. The owners say with the right Buyer interested in making this a business there is a wind fall of opportunity. ''We started our business in 1975 under the name of 'Wheels. ''But they soon found the real exciting part of the business was in Antique and Classic cars.'' They moved to South, Florida in 1985 semi-retired and continued to work on these cars. They do old car repairs of all kinds, routine maintenance, painting or complete restorations, many of which are frame off. Their experienced staff of four specialists have chopped a lot of tops, molded, French louvered, custom and hotrods. They also do race prep on vintage cars with their experienced labor force on vintage rally cars, plus vintage motorcycle restorations.'' The business includes five motor cycle franchises: Royal Enfield, Vento, Diamo, Hyosumy and United Motors. In addition they hold a U-Haul franchise, Florida dealer's license for used and new cars, wholesale auto auction and salvage yard permits. Next door is a Parts Shop (independently owned) selling parts to the antique and classic car industry. The availability of parts within walking distance provides a very convenient and cost effective way for the business to obtain the difficult parts necessary in their restoration business. The business is a major depository of consignment vehicles that provides the business with car inventory at no cost. Contact for more information on this Auto Restoration business for sale. The owner is retiring Asking Price Only $150,000 for this unique business. Call Milen Stefanov at 863-635-1872 ext: 224 for more information

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