Auto Protection (Ziebart) & Appearance Services and U-Haul Dealership
Asking Price: | $399,000 |
Gross Revenue: | $473,173 |
FF&E: | $12,000 |
Established Year: | 1973 |
Cash Flow: | $131,531 |
Inventory: | $4,000 |
Real Estate: | $305,000 |
This highly profitable business has been the epitome of excellence in providing premium automotive appearance and protection services as the areas only Ziebart dealer. Ziebart's unique, patented process is widely accepted as the only true "rustproofing" process available. Additionally, for the past 25 years, this business has offered a U-Haul dealership and has since become the premier U-Haul dealership in the area. The company was founded in 1973 as a dealer for the patented Ziebart automotive protection process. The current owner was one of the original employees, and went on to become a partner in 1981, and sole owner in 1996. Located in a growing, high-income, lakefront community, the owner has established an impeccable reputation for customer service and quality, resulting is high demand from repeat customers. Current products and services include Ziebart patented rustproofing, undercoating, and paint protection, as well as appearance services for vehicles, boats, trailers and RVs. The business also offers Ziebart trailer hitch installation, and a fleet of U-Haul trailers and trucks for both long range and local rentals. Demand for automotive protection services has skyrocketed since 2010 when automobile price increases resulted in longer term vehicle loans and the need to extend the life of a vehicle. Currently the business is experiencing an 8 week back log for services, with some regular customers scheduling up to a year in advance. Additional reoccurring revenue is generated through the sale of maintenance contracts. This "essential business" had its best year ever in 2020, fueled by vehicle sanitation and antibacterial services. Everything is included to take over and run this turn-key operation, including thousands of dollars in services already scheduled.