DESCRIPTION: This Is A Very Profitable Business - This Is A Growing And Lucrative Business With A Rapidly Expanding Revenue Base. Revenue Has Increased From Approximately $450,000 (2006) To Over $1,000,000 Plus In 2007 And Still Climbing In 2008. The Company Provides Services On An On-Site Basis To New Car Dealerships, Car Rental Companies, Auction Sites, And Fleet Accounts. Service Is Faster, Better, And At A Cost Less Than Half Of The Customer’s Own Body Shop On A Preset, Daily Or Weekly Schedule.
The Scope Of Work The Company Provides Its Customers Includes: Repairing And Repainting Medium Size Damage In Doors, Panels, Fenders, Etc.; Repairing And Repainting Damage To Metal, Urethane, Or Plastic Bumpers; Blending Out Key Scratches; Repairing Scratches, Scrapes And Fade-Out On Black Trim Parts; Repairing Convertible And Padded Tops; Reconditioning Fades, Foggy Yellowed Headlights
The Purchase Price $690,000
Annual Revenues Increased From $446,000 In 2006 To Almost $1.1 Million In 2007 With 2008 Projections At 1.3 Million.
Sellers Discretionary Cash Flow Was $335,972 In 2007.
Owner Intends To Relocate To Corporate Headquarters/Another Location. The Seller Is Seeking An All Cash Transaction; However, Terms Are Negotiable Based On The Strength Of The Purchaser. The Seller Is Willing To Work With The Buyers Through A Reasonable Transition Period.
Reason For Sale: Seller Is Moving Out Of State. |
