Asking Price: $225,000

Gross Revenue: $558,652

PAINT SHOP AND COLLISION REPAIR CENTER – This business is located central to new car dealers, used car dealers, fleet services and a solid demographic base. There is a five year lease with two five year options. The owner has grown the company since 2005 and last year alone spent $70,000 in advertising. The owner has decided to sell his business for personal reasons that have nothing to do with the business and importantly he is not forced to sell. There are 6 TQP employees along with 4 workers and the owner, who works as general manager. The cost basis of the equipment is $179,000 plus coupled with IP of $35,000 bring the asset price to $204,000 prior to any startup costs.
There is a considerable fleet and return customer base in place. Previous auto body experience not required.
This business is priced to sell at $225,000 to include: Business, Business name, Furniture, Fixtures, Equipment, Customer Lists, Vendor Relations, Covenant-not-to-Compete, Transition Assistance and Goodwill.
This is a highly confidential listing and information will only be shared with qualified buyers who have properly completed both a Buyer Information Form and a Non-Disclosure Agreement.

Year Established: 2005

Employees: 10 full time -

Franchise: Yes

Management Training and Support: Seller willing to provide ample transition assistance. Franchise support.

Reason For Selling: Personal reasons unrelated to business.