Auto Body Shop

Undisclosed Address, Evansville, IN
Business Opportunity for Sale
Catylist Listing ID: 30656140
Property Subtypes: Auto Related
Building Size (RSF): 12,084 SF
Sale Price: $430,500
In Opportunity Zone? Yes
Name of Establishment: Well-Established Body Shop
Year Business Established: 2040
Gross Revenue: $877,000 (Annual)
Cash Flow: $60,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 10/6/2020

Overview / Comments

This Auto Body Shop has been in business for over 40 years. They have a great reputation for providing a great finished product every time. Most of the staff has been with them for well over 10 years. They take pride in their work; and, they will probably want to stay with a new owner. It is a "turn-key" business operation and could be operated as a stand-alone or a complementary addition to another body shop. The sale price includes both business and real estate. The seller has offered to stay for a reasonable time to assure a smooth transition.

The owner is requiring that a Confidentiality Agreement be submitted prior to additional information or identity is released. For your convenience, the CA is attached. Please complete all info, sign and return to Broker.

Additional Details

Industry Segment: Auto Body and Repair
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $90,500
Value of Real Estate Included ($): $340,000
Employee/Labor Description: Most of the staff has been with them for well over 10 years. They take pride in their work; and, they will probably want to stay with a new owner.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,208 69,644 134,549
Median Age: 37.82 36.26 37.62
Households: 4,921 29,177 57,758

Contact

Photograph of Listing Agent

J. Steven Martin, CCIM, CPM

SVN/The Martin Group CPIX Member
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