Auto Body Shop Franchise

Price: $595,000

Location: Maryland

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.

Listing Details

Revenue: $1,323,000

Cash Flow: $280,000

EBITDA: $231,000

FFE: $217,000

Inventory: $22,000 (Included in Price)

Lender Pre-Qualified?: Yes

Franchise?: 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.

Operation

Year Established: 2014

Days & Hours of Operation: Monday-Friday 8:00am-5:30pm, Saturday 9:00am-1:00pm

Owner Hours Per Week: 40

Employees: 9

Location

Security on Lease: 9964.50

Lease Option: 4

Monthly Rent: 12532

Type of Location: End unit

Square Footage: 9198

Facilities Information:

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.

Summary

Historical Summary:

 

Competition:

This body shop with advanced technology is well established and stays above competition. They have very reasonable price and customer service has been outstanding.

Potential Growth:

The Seller believes a more focused approach to corporate customers, dealership, rental car companies, and even local government may grow the company top line.

Financing/Terms:

The business is qualified for SBA financing. Qualified owner may acquire this business with 15%-20% down payment and balanced financed by SBA lender.

(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI

majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910 Bethesda, MD 20814

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