Auto Body Shop with Two Spray Bays

Lomita, CA

Seller Financing Available

SprayBay
Asking Price:$239,000
Inventory:$2,000
Established Year:2019
Gross Revenue:$460,000
FF&E:$25,000
BUSINESS DESCRIPTION

Perfect opportunity to expand your current auto body business, to take advantage of more spray bay time. Shop is equipped with everything that you need for auto body work. Including a paint mixing room, spray bays, a front office with an estimator, and a garage for assembly. Near Torrance, Palos Verdes, Hawthorne, Gardena, San Pedro, Long Beach, Redondo Beach, Hermosa Beach, and Greater Los Angeles.


DETAILED INFORMATION
Location
Lomita, CA
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Shop equipment includes welding machines, heated spray bake paint booth, 7.5 HP air compressor, air filtration system and water separators, two auto robot frame straightening benches with pull tower and hydraulic pumps, PPG Envirobase mixing rack including toners, fireproof paint storage cabinet, Fire suppression system for Spraybake Spraybooth, Fire Extinguishters, 110 Volt MIG Welder 1, Oxy/ACYT Torches, Tanks and Cart, 3 Ton Floor Jack, Eagle-Stud Weld Machine, Colormatching Light Gun Tool, Paint Shop Materials, and basically everything needed.
Competition
The South Bay is a very profitable area and there is a lot of opportunity to grow this business as there are not that many auto body shops in the vicinity.
Growth & Expansion
There is opportunity to take the adjacent tenant's space, if the Buyer would like more room to expand the business. The Buyer could also negotiate first rights of refusal on the property. The current square feet is less than 4,000, including the office.
Financing
Financials are shared with a signed confidentiality agreement, the NDA.
Support & Training
The estimator, paint specialist, and body work specialist will all most likely want to remain at the business. The owner is not present day to day as he manages a different business during the day.
Reason for Selling
The owner does not have the time to manage his existing Auto Repair shop and thi
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Rebecca
Carr
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Rebecca Carr