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Business for Sale Summary

Cars Looking Better Than New - 21977

Business Type: auto repair,auto/truck mechanical repair,best deals!,new to market
Cars Looking Better Than New
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Financial Information (non-confidential)

General Information
Asking Price $398,000 Down Payment $398,000
Gross Revenues $333,493 Lease Remaining Register Free to View
Owner’s Cash Flow $95,959 Number of FT Employees Register Free to View

Financing

$398,000 Down and TBD

Business Description

This established full service custom auto body shop and collision repair business has been one of the area's leading facilities, restoring all kinds of vehicles to new or better condition, for more than 27 years. Unfortunately, the owners body is no longer in fully restorable condition. He is retiring. This business would cost much more than half million dollars to start up new, if the County would issue additional permits which they are not. The spacious facility is equipped to do the highest quality structural repairs to frames and bodies, most mechanical work, custom body work, painting and finishing using the best technology and premium materials. All equipment - including paint booth, Magna frame straightening rack, and computerized paint mixing system, is top quality. Work flow is about 50/50 split between body/mechanical. Shop is located just off the interstate/beltway in Northern Virginia, in the affluent DC Metro market. New owner could be an experienced mechanic to continue the business as is or ambitious automotive services professional with drive to grow the business with additional mechanics, which the strong demographics will handle easily.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.