Services - Auto Repair, Parts & Svcs

Asking Price	$375,000	Inventory	$15,000*
Gross Income	$881,448	Real Estate
Cash Flow	$130,055	Year Established	2004
FF&E	$250,000*	Employees	9

* included in the asking price

** not included in the asking price

This extremely profitable auto body shop is run by the seller as an absentee owner. The Seller only works on the books and meets with the manager on a regular basis. This body shop has partnered with insurance companies to provide a level of service and quality that they expect and reward them with high volumes of work. This has proved to be a very lucrative business plan as payments are made promptly for work completed and there is never a shortage of work to complete.

Facilities: This business utilizes a large shop which is equipped with the latest and best equipment. The current lease is assumable by a Buyer and is $5,163 NNN month, it expires in December of 2009. The Seller met with the Landlord who stated that he would be willing to extend the lease another 3 years.

Competition: The Seller has partnered with Insurance Companies as part of their Direct Repair Programs to maximize revenue and position the business for growth by providing top work. Most of the competition is not on these Direct Repair Programs and do not benefit from the higher volumes of work and quick pay for work completed.

Growth/Expansion: Building relationships with other insurance providers and getting on their Direct Repair Programs offers unlimited growth for a new owner. The current manager is currently utilizing his contacts to pursue these avenues of expansion for the current owner.

Financing: Cash at Closing

Support/Training: Negotiable

Reason Selling: Seller is pursuing other business ventures.