Phone: (301) 215-9288
Industry: Automotive, Body Shop
Listing ID: Montgomery-MZ B 668
This is a well-managed Body Shop with all employees in place. Join of the most successful automotive franchises in the nation. No experience is required, and franchisor provides training. Current owner after years of working in top management with fortune 500 Companies stated this successful franchise and has enjoyed this operation. The business has served hundreds of satisfied customers. In 2014 he decided looking at variety of franchises and even though he was not a car guy but found Franchisor and their support model very impressive and became a successful Franchisee. Loyal employees are in place and the management utilizes latest technology for operation. They have provided service to individuals, corporate fleets, rental cars, dealerships, and insurance companies.
Cash Flow: $280,000
Inventory: $22,000 (Included in Price)
Lender Pre-Qualified?: Yes
Reason For Sale:
Owner would like to enjoy their retirement.
Training & Support:
Franchisor has comprehensive 3 weeks of training for approved buyer and teach everything for A-Z to make sure new owner is well trained and ready to take over the business. Also, current owner will provide some training based on mutually agreed term.
Year Established: 2014
Days & Hours of Operation: Monday-Friday 8:00am-5:30pm, Saturday 9:00am-1:00pm
Owner Hours Per Week: 40
Security on Lease: 9964.50
Lease Option: 4
Monthly Rent: 12532
Type of Location: End unit
Square Footage: 9198
The business conduct operation from 9,198 Square Feet of space with outside billboard on the road. They have installed GFS Semi-downdraft paint Booth, GFS Curing oven, and GFS Paint Mixing Room. Lease expires on 2/28/2026 with 4 years option. Landlord may grant longer lease.
This body shop with advanced technology is well established and stays above competition. They have very reasonable price and customer service has been outstanding.
The Seller believes a more focused approach to corporate customers, dealership, rental car companies, and even local government may grow the company top line.
The business is qualified for SBA financing. Qualified owner may acquire this business with 15%-20% down payment and balanced financed by SBA lender.