Primary Category:Auto Repair & Service Shops for Sale
Well established auto body repair business located in booming Northwest Arkansas. 40+ years in business and they're ready to retire and pass this desirable turnkey business on to a new owner. The business specializes in full collision repair and custom painting. They are ASE certified and work with all insurance companies. Experienced staff and management is in place. The business had a great 2023 with sales of $2,202,000 and based off of their year-end P&L, seller’s earnings of $615,000.
The real estate is available for purchase and valued by the seller at $750,000 or it can be leased for $5000 per month. Included in the price is owner estimated $65,000 of furniture, fixtures, equipment, and $8,000 in inventory.
Training will be provided and seller will consider financing a small portion, which could be applied to the down payment, for a qualified buyer. Interested parties will be required to state amount and source of funds. Detailed information will be provided by completing a confidentiality agreement and may be obtained by contacting Scott at [email protected] or 501-681-0741.
Financial Information
$1,300,000
Asking Price
$615,000
Cash Flow
$2,202,625
Gross Revenue
On request
Down Payment
Yes
Financing
Business Location
City:
Benton County
State:Arkansas
Financing Comments
Seller will consider some financing for a qualified buyer
Reason for Sale
Retirement
Detailed information
Year Established:1978
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:No
Full-Time Employees: 11
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
On request
Inventory Included: Yes
Inventory Value:
$8,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$750,000
Building Size: 11500
FF&E Included?: Yes
FF&E Value: $65,000
Training/Support
Seller will negotiate a transition period
Facilities
11,500 sq. ft. building facility available lease or purchase