Auto Service & Collision Repair, Fairfield County, CT SBA – Pre Approved
Price: $499,000
Location: Faifield County
Industry: Automotive and Boat
Listing ID: PV052520203
This is a full-service auto and truck repair shop offering quality mechanical repairs as well as professional collision repair and paint work under one roof. The business has been established for over 25 years under the same ownership with an excellent reputation. It is fully equipped with modern technology, very well run, and organized by the owner. The shop has several DRP’s and is part of a professional network of shops offering guaranteed repair parts. Both the mechanic and body shop are busy every week. There are highly skilled employees performing top quality work.
Services include car & truck care, collision repair services, electronics & electrical services, heating & cooling services, engine & transmission services, exhaust, suspension and other undercar services, frame straightening, welding and more. The repair shop has a total of 8 service bays and a heated downdraft spray booth.
The company is referred business through several direct repair programs as well as client referrals, repeat customers, and marketing. The shop also has a dealer’s License.
• Revenues: $1,890,000
• Sale Price: $499,000
• FF&E $350,000, Included
• Cash Flow $145,000
• Shop Size: 5000 sq ft
• SBA Pre-Approved with 10% down
The Company was started by the seller over 25 years ago and he is planning for semi-retirement. The seller will stay on for a short- or longer-term transition as needed for training and support.
Listing Details
Gross Revenue: $1,890,000
Cash Flow: $145,000
FFE: $350,000 (Included in Price)
Reason For Sale:
Seller is seeking retirement.
Training & Support:
Seller will provide training and support to ensure a smooth transition.
Operation
Year Established: 25 Years
Location
Type of Location: Single Location.
Square Footage: 5000
Summary
Potential Growth:
There is plenty of growth and expansion.