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BUSINESS FOR SALE - PROFILE #  152

Family-Run Autobody, Mechanical,Sales,Rentals w/RE
Nebraska

Asking Price: $1,150,000   Down Payment: $1,150,000  
Gross Revenue: $1,044,542   Adj. Cash Flow*: $253,093  
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Executive Summary

The only game in town.  Full auto body shop and painting with 8 mechanics, repairs, auto sales, trailer sales, rentals.  All land and buildings are included.  Third generation ownership and time for them to retire!  Has been opened over 60 years.  Management only.  Can be bank financed with as low as 10% down with qualified buyer. The Body Shop handles collision repair; scratch, dent, repainting; paintless dent repair; frame straightening.  The glass shop installs and repairs windshields and windows.  The Paint Booth has a full mixing room and back paint booth (to 180 degrees), full inventory of PPG water-born paint and all the equipment, infrared heat lights.  The mechanic does alignments, tires, tire repairs, rotate and balance, oil changes, all suspension work, light mechanical, water pumps, small engine work, struts, shocks, starters, batteries, belts and hoses.  They have a full lift instead of a pit and have 13 bays.  They also offer Auto Sales in a separate location, as well as U-Haul, including hitches, wiring, truck maintenance, boxes and packaging, totes, and trailers.  On one of the pieces of property they own they also have 2 storage facilities.   Established in 1953 and has 4 full-time employees ranging from 17 years down to 7 years having worked for this company.  The sellers work in the office, writing estimates, ordering parts, payroll and accounting or being the shop manager.  They are in a booming community and have all the work they need.  People come from all around mainly within an 80-mile radius of the shop.   In addition to all of the above, one of the sellers is also an authorized dealer for Texas Made Trailers, Easy-Go Golf Carts, and Dreams Carports & Buildings which can also be included in the sale. There are also 2 rental properties included in the price.

Acquisition Highlights

  • The Body Shop handles collision repair; scratch, dent, repainting; paintless dent repair; frame straightening. The glass shop installs and repairs windshields and windows. The Paint Booth has a full mixing room and back paint booth (to 180 degrees), full inventory of PPG water-born paint and all the equipment, infrared heat lights. The mechanic does alignments, tires, oil changes, all suspension work, light mechanical, water pumps, small engine work, belts and hoses. They have a full lift instead of a pit and have 13 bays. They also offer Auto Sales in a separate location, as well as U-Haul, including hitches, wiring, truck maintenance, boxes and packaging, totes, and trailers. On one of the pieces of property they own they also have 2 storage facilities. Established in 1953 and has 4 full-time employees ranging from 17 years down to 7 years having worked for this company. The sellers work in the office, writing estimates, ordering parts, payroll and accounting or being the shop manager. They are in a booming community and have all the work they need. People come from all around mainly within an 80-mile radius of the shop. In addition to all of the above, one of the sellers is also an authorized dealer for Texas Made Trailers, Easy-Go Golf Carts, and Dreams Carports & Buildings which can also be included in the sale.
  • Monday through Friday 8 to 5
  • As can be seen by their financials and tax returns, they have increased their business every year.
  • Located in Nebraska. There are 3 parcels of land included, 2 of which are rentals. All of the equipment is state-of-the-art and well-maintained.
  • This company began in 1953 and has been on-going ever since, and in the same location since 1956.
  • Financing Information:  Cash at closing
  • Training Information:  4 to 6
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1953 Inventory: $198,629 Included
Employees: 4 Furniture, Fixtures & Equipment: $154,807 Included
Lease/Rent: $2,863 Real Estate: $400,000 Included
    Total Assets Included in Sale: $753,436
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Marcie Woolworth
Phone:  (970) 663-9400
Fax:  (866) 586-9751
Other:  (970) 566-3365
E-mail:  marcie@woolworthandcompany.com
We-R Business Brokers
1904 Ponderosa Place
Loveland, CO 80538
www.we-rbusinessbrokers.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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