Business Summary:
The owner of this super-busy paint and body shop is going as strong today as when he started in 1984, more than 30 years ago. His 6,000 square foot shop near LA International Airport gets a constant stream of walk-in and referral business. The owner and his repair manager are ICAR-certified technicians who have developed tremendous skills in restoring damaged cars to fantastic condition. There are 5 repair bays along with one cross flow spray booth. They are experts in computerized color matching, frame and alignment work, plus dent and ding removals. The facility has one in-ground hydraulic lift along with frame and alignment machines.
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| Year
Business was Established: 1984 |
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| Number of Employees:
4FT/2PT |
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| Potential
Growth/Expansion:
The current rent is $5,635 monthly, roughly 93 cents per square foot. The lease expires in December 2018. There is one 5-year option available. The lease also includes a Right to First Purchase opportunity. The seller indicates his landlord is aware of the sale. |
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| Competition:
The shop sits in the shadow of LAX, making it a perfect location to obtain new body shop business with the many car rental firms at the airport. The current owner has not pursued the ample car rental business which offers huge growth opportunities.
The shop gets a constant stream of walk-in and referral business. This is the fourth shop location in 30-plus years, moving to its current home in 2001. The shop also does a considerable amount of work on classic car restorations and specialty projects.
Contact Brian Loring, First Choice Business Brokers, at 818-973-2755 for more information. |
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| Owner
willing to finance:
Seller Financing Available |
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| Owner
willing to train:
Owner Will Train |
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| Reason for selling:
Retirement |
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Seller Reference Number: 138-00037
BusinessMart.com Listing Number: 202931 |
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