Turn Key Busy Auto Body Shop with Additional Repair and Detail Center

Hawthorne, CA (Los Angeles County)

Huge State of the Art Spray Bay
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Asking Price: $975,000

Cash Flow: $300

Gross Revenue: $1,900,000

EBITDA: N/A

FF&E: $300,000

Inventory: $20,000

Rent: $10,084 per Month

Established: 1995

Turn Key Busy Auto Body Shop with Additional Repair and Detail Center

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Business Description

Every once in a while, a truly rare opportunity becomes available for sale to a highly qualified Buyer who is seeking an auto body and detail business with exceptionally high sales and profits. They are auto body aluminum certified since 2015. Equipped with a 550 gallon clarifier, with a central vacuum system. Gold Class I-Car Certified, Ford Certified Body Shop. One Million BTU Heating Drying System in their Spray Bay. Fully equipped with Two Spray Bay Permits, this high-end, South Bay Area auto collision and detail specialist exceeds auto body standards for customer service, facilities, and Internet reviews. Sales of $1,900,000 generate a whopping $500,550 in Cash Flow, affording an active owner/operator a lucrative salary after debt service. The Business is fully staffed with experienced Service Advisors and Technicians. Deemed an essential business, the auto center remains open during the COVID-19 Shelter in Place and sales are steadily rebounding from pent-up demand.

The Business is well established with over thirty five years of goodwill, fantastic Internet reviews and loyal clientele. Located in a busy area of Los Angeles County, the Business has built an excellent reputation for providing cost-effective personalized service as an alternative to the expensive car dealerships. The large, 10,000 square foot multi-bay buildings come complete with the state-of-the-art equipment required to run a high-end auto body and auto detail business, including diagnostics, engine performance, auto collision, and repair including detail and a 30K washing system. Experienced, highly trained Service Advisors and Master Technicians will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide training and support during the transition period.

The Asking Price for this profitable Business is $975,000 plus $20,000 in inventory. The Business qualifies for 85% Bank/SBA financing, so a down payment of approximately $150,000 will be required from a qualified Buyer. A long term lease at market rent is available.

With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in a prosperous South Bay Area community.

Turn Key busy auto body collision shop with separate auto body repair and detail shop off one of the busiest streets in the South Bay. Huge foyer, office, and auto body shop, equipped with diagnostic computers, very large spray bay, clean, organized, welders, plastic welder, multiple jacks, framing machine, 30K washing system, 10,000 s.f. of interior space, multiple bay doors, great system, high volume, constantly busy. Must see.

Detailed Information

Location:
Hawthorne, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two large 5,000 s.f. buildings total 10,000 s.f. of indoor space with multiple bay doors, one building is dedicated to auto body with a large lit spray bay, framing system and jacks. The second building is dedicated to repair and detail, with multiple bay doors and a 30K washing system, central vacuum system, and a one million BTU drying system in the spray bay.
Competition:
The shops are located on one of the busiest avenues in the South Bay, off the 405 and across from a very busy shopping center. They do so well I honestly cannot think of cons.
Growth & Expansion:
Two buildings with a third one for sell next to one of the buildings. The current landlords are willing to work out long stable leases for the new buyers.
Support & Training:
The two owners are willing to stay and oversee a smooth transition. Typically one to two months is enough time, but these details are negotiated in the sale.
Reason for Selling:
They are ready to retire/ they are tired.
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(from currently available funds)
 
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Rebecca Carr

Business Listed By:
Rebecca Carr

B Squared Realty West Side

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