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Well-Known Auto Collision Shop with Real Estate for sale in Broward County, FL

Broward County, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 3,950,000 $ 2,477,657 $ 1,162,297

Furniture and Fixtures Value:
$ 530,000 (included in the asking price)

Inventory Value:
$ 20,000 (included in the asking price)

Business Summary:
One of the best collision companies in the State of FL is now available for purchase. Includes real estate, modern building & large gated yard. Top of the line equipment. Strong referral base w/ insurance firms (Progressive, GEICO, State Farm) & major car rental firms whose fleets provide a high volume of work. Virtually no advertising done or outside sales, the upside in this amazing business is unlimited. Strong year over year growth w/above average industry margins. Buyer financial statement & signed confidential agreement required before disclosure. No visits without scheduling the same through listing Broker. Very confidential. Good Visa business & perfect family operation. 2019 financials are annualized from 9-30-19. Rent expense is included in financials statements. Financials have been adjusted to add 1 FT employee to replace 1 family member of Seller. Bld. is 5,400 SF, Land total 28,000 SF + 11,835 SF. Current property appraisal on file. SBA lender pre-qualified w/10% down. Please refer to listing #0101153051 & ask for Randy Bring when inquiring.

 

   
Year Business was Established: 2014
   
Number of Employees: 9FT  
   
Facilities / Terms of Lease: 5400 sq. ft. freestanding building owned by Seller and included in price.  
   
Potential Growth/Expansion: Unlimited  
   
Competition: Unknown  
   
Owner willing to finance: SBA= $3,555,000 @ 7.25% for 192 mos= $31,336/mo.  
   
Owner willing to train: Seller will train for 2 weeks  
   
Reason for selling: Other interests  
   
Seller Reference Number: 0101153051
BusinessMart.com Listing Number: 249046
 

 

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For more info contact:

Andrew Cagnetta

Transworld Business Advisors Florida
954-772-1122

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