Thriving Commercial Auto Body Shop - $40K Down - SBA Pre-Qualified

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Automotive & Boat Businesses for Sale

  • Primary Category: Auto Repair & Service Shops for Sale

Premier full-service auto body shop has a seventeen-year track record of excellence in body repair. 80% of the work orders are from commercial businesses. Providing an outstanding cash flow, easy entry and excellent backlog, this company generates $174,000 in cash each and every year. This does not include the additional cash transactions of $3,000 per week ($100,000 annually) that are not reflected in the cash flow or EBITA amounts presented

Fleets, used and new car lots and referrals make up the bulk of the business volume along with referrals from these customers. The business prides themselves in their commitment to quality work and a dedication to extraordinary customer service. The business services southwestern Cuyahoga and Northern Medina Counties.

The commercial aspect of this business virtually eliminates receivables and provides a steady influx of weekly cash. Their location within 10 miles of a multitude of vehicle sales makes them an outstanding financial performer that is poised for rapid growth!

Needing only $40,000 down and good credit makes this an ideal opportunity for the motivated new entrepreneur.

Financial Information

  • $285,000 Asking Price
  • $174,000 Cash Flow
  • $530,500 Gross Revenue
  • $40,000 Down Payment
  • Yes Financing
  • $97,000 Adjusted EBITDA

Business Location

  • City: Cuyahoga & Medina Counties
  • State: Ohio

Financing Comments

  • Pre-Qualified SBA loan available with $40,000 down payment. Partial Seller Financing Available

Reason for Sale

  • Pursue other interests

Detailed information

  • Year Established: 2007
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 3
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Inventory Value: N/A
  • Monthly Rent: $1,550
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 1800
  • FF&E Included?: Yes
  • FF&E Value: $24,000

Training/Support

  • Owner will provide training and consultation for 90 days after purchase
Business Listed by
image of Bill Molchan
Bill Molchan
Sunbelt of Cleveland
Email Bill
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Listing ID
CLESWOH001-55637

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