Body Shop/Collision Center Owner Financing
Location: South Carolina > Spartanburg County > Woodruff
Industry: Auto Related > Auto Body and Repair
Financials
Asking Price: $75,000
Gross Revenue: $400,000
Cash Flow Comments: Absentee owned, business closing
Inventory: $2,000 (Included in Asking Price)
FF&E: $75,000 (Included in Asking Price)
Real Estate: $300,000 (Not Included in Asking Price)
Seller Financing: Negotiable
Business Summary
OK! This business was started to put a nephew in the collision business and before the building was complete he changed his mind! Since that time Uncle Bill, has been running the business as an absentee owner. He hired capable people and they did an admirable job but no ownership participation daily in this business has stifled the profits. Yet this is a Body Shop situated in a rural community with little or no competition in the area and high demand for their services. The Body Shop does have a good reputation and has had working relationships with auto insurance companies to provide services in this area and those relationships could be easily revived. Do you like auto body work? This is an excellent buy and a great opportunity. Call or email now! This one won't last long!
About the Business
Year Established: 1998
Employees: 0 full time - 0 part time
Facilities: State of the art facility 6,400 sq ft only 10 years old metal building with nice front facade situated on 1 acre with additional land available.
Market Outlook and Competition: Big fish in small pond virtually little or no competition in surrounding area. Only one small competitor working out of storage rental facility so this business can capture this markets needs. Growth can be realized with an active owner and operator that is capable of building this business. Sales with absentee ownership rose to $400k so a new and active owner can grow this business very well.
About the Sale
Management Training and Support: Owner has towing business and will assist in business.
Reason For Selling: Absentee ownership and seller wishes to sell to foucs on towing business

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Listing Tools
BizQuest ID:894074
Seller ID:04072008
Business Listed By
Name:Dan Lemanski
Company:LeMans, Inc.
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