Very Profitable Turn-key Opportunity

Turn Key Auto Dealer Reconditioning Services Business

This business provides one-stop shopping for auto dealers that need their trade-in and used (sometimes new) cars and trucks made to look like new.  

 Asking Price: $280,000
Gross Revenue: $465,000
est. 2017
EBTIDA: $120,000 
Cash Flow: $180,000
Inventory: $40,000 incl.
FF&E: $40,000

Revenue Categories in 2017

Detailing 35% 
Rim Repair 35% 
Paint Repair 27% 
ProPak 18% 
Paint Touch Up 7%
Other Repairs 8% 

Very profitable turn-key opportunity ideal for new owner familiar with automobile detailing, painting, rims, interior and windshield repairs. Gross revenue and cash flow are amounts annualized from 8 months performance in 2017. 

There is no mechanical or engine work performed. Sale of business includes two vehicles used for shuttling drivers and dealer cars back and forth, one decaled for advertising, all paint and cleaning supply inventory, all equipment and tools required to bring used cars back to life. Any items not done at this business, seller outsources and marks up for one-stop full service results to auto dealer customers.

Competition 

No other detailing business caters to auto dealers like this business. Dealers have to wait for each service provider to come to them over a 2 week+ period to cover all touch ups. This business turns around complete reconditioning in 2-3 days, 5 days max when bumpers are involved. Would be competition serves primarily individual auto owners. This business serves preferred dealer customers who they refer. No other business has the professional designations, technical expertise, equipment and materials required to perform at the level auto dealers demand.
Facilities
8,800 sf commercial building, with new roofing, new garage doors, new flooring, new furnaces. Located near many auto dealer customers, built in 1969 with add-ons in 1980's, including an apartment, which can remain housing or converted to additional work bays. New lift installed, multiple work bays, paint rooms, and plenty of parking.

Growth & Expansion 

Apartment can be expanded into additional work bays. New owner could have more than one shift. Paintless dent removal (PDR) equipment and tools all on-board but not currently being performed. Currently serving only 7 dealers. Business development for new dealer relationships is wide open. Has a website, but very little external marketing to date.
Support & Training
Seller will include 60 days of hands-on training and education of all procedures, work flows, best practices, technical specifications, supplier-supplies and material handling, as well as introduce new owner to all auto dealer contacts. 30-40 hours per week in 1st month, 10-20 hours/week in 2nd month.