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Businesses For Sale > Business For Sale in North, Louisiana (LA)

Busy Auto Repair Business with Real Estate for sale in North, LA

North, Louisiana (LA)

Asking Price: Gross: Cash Flow:
$ 3,145,000 $ 1,920,620 Undisclosed

Furniture and Fixtures Value:
$ 300,000 (included in the asking price)

Business Summary:
Benchmark Business Brokers presents this well-known and established auto body repair shop for sale. This business has the staff, equipment, and facilities necessary to service 43-49 cars in the shop at any one time.This auto body shop has a solid reputation with the public and insurance companies for providing quality work. Ample storage area space and efficient layout affords the new owner significant capacity to move more vehicles quickly. Real estate is included in the sale (7 acres) that is near a major Interstate.This is a long established automotive collision shop with a great reputation and many repeat clients.

 

   
Year Business was Established: 1988
   
Number of Employees: 14  
   
Facilities / Terms of Lease: Well-known auto body shop sitting on 7 acres of land with combined 20,200 square feet of shop and office space. Business is comprised of the following; 13,600 square foot main shop 4,200 square foot additional shop space for painting, etc. 2,400 square foot recently remodeled office Business has great ingress/egress with cars capable of being held in 45 different bays!  
   
Potential Growth/Expansion: The company founder has decided to retire after 28 years and decided to voluntarily discontinue direct repair programs (DRPs). Major growth could immediately take place with the DRP back. Insurance companies have shown great interest in partnering with this shop.  
   
Competition: This business was in the top 5% of all body shops in the United States in revenue until the owner voluntarily removed the business from DRPs in 2015. Currently, the business is one of the highest grossing shops in the market and still reporting more than $1.9mm in 2015. Although there are several collision centers in the market, this business is considered in the top 2 with strong brand recognition dating back to its inception in 1988. This shop is a well-trusted, consistent, business that stands behind its work. The business did the following in gross revenue; 2012 - $2,722,465 2013 - $2,624,038 2014 - $2,624,419 A new owner could bring back the DRP and immediately increase sales back to previous levels and more.  
   
Owner willing to train: Yes up to 30 Days  
   
Reason for selling: Retirement  
   
Seller Reference Number: bm47604900
BusinessMart.com Listing Number: 199136
 

 

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For more info contact:

Marc Able

Benchmark Business Brokers
Broker License #99569168
318-393-8421

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