Auto Body & Paint Shop
IN ESCROW

Price Reduced - Options! Still great value, property and location

Business Description

With a solid business model, consistent revenue and profit, Seller is ready to retire and pass along the business and property to the next generation.

Cash Flow, FFE and Inventory easily justifies reduced business value of $198,000. Current rent $3000/month included in expenses. Buyer has great options with this cooperative Seller: sign a long-term lease, lease with option to buy, or buy both the business and real estate.

Most importantly, Seller will consider financing to a financially qualified and properly skilled auto repair buyer. Local bank analyzed the loan options for the last option and gave an initial favorable review because of the excess Cash Flow for new debt service. Property offered at appraised price. Contact Broker Bill Swan for NDA and then receive confidential information summary on Business and/or Property.

Detailed Information

Location: Tucson, AZ
Inventory: $20,000 Included in asking price
Real Estate: Owned, 2,400 sq. ft. Not included in asking price.
Third of acre property, near downtown, 2400 SF block building in good condition which includes office, bathroom, and 336 SF certified paint shed. Quiet neighborhood. Secured with gates and security system.
Employees: Owner, 1FT, 1PT
Furniture, Fixtures, & Equipment (FF&E): $20,000 Included in asking price
Competition: There are other repair and paint shops, but none this centrally located in Tucson or with such a long successful and consistent history. Lot always filled with jobs from rental cars companies, car sales companies, and individuals. Does 400+ jobs a year.
Growth & Expansion: Bring this business into the digital age with social media connections. A modest promotion and marketing campaign would juice the already tidy cash flow of $140,000 to the owners.
Support & Training: Two weeks / negotiable
Established: 2007
Reason for Selling: Prepare for Retirement