A well-established automotive collision repair center in Western Illinois. The business currently offers free estimates, insurance company assistance, lifetime warranty, loaner vehicles, and 24-hour towing. The business has a staff of experienced technicians that diagnose, estimate, source parts for, and repair.
The business is an authorized Sherwin Williams auto body paint shop and is the only auto body shop within a 30-mile radius.
Asking Price: $750,000
2021 Gross Revenue: $1,300,000
2021 Cash Flow $250,000
Real Estate: $550,000*
*Not included in asking price
- 13,200 sq. ft. building on a 90,000 sq. ft. property
- Furniture, Fixtures, & Equipment (FF&E): $400,000 Included in asking price
- Current Inventory: $207,000 included in price
- Seller is absentee and business operates without Seller's day to day involvement.
- Currently spending less than 1% of gross sales on marketing with room for growth
- Employees: 4 FT, 1 PT
- Reason for Selling: Retirement
Upon receipt of this completed and digitally executed NDA below (or from direct link here) we will follow up by phone and/or e-mail to qualify providing the complete offering memorandum and schedule a time to discuss the opportunity further.