Established Auto Body Paint & Parts

Rock Island County, IL
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Asking Price:$400,000
Gross Revenue:$615,984
FF&E:$15,000
Established Year:2005
Cash Flow:$117,737
Inventory:$165,000
Real Estate:$155,000
BUSINESS DESCRIPTION

This listing is for a well-established supplier of auto body parts and paint located in western Illinois that is available to a qualified buyer. This business offers an owner a yearly cash flow of over $110,000 that has seen consistent growth over the last three years. The company specializes in the sale of paint and related supplies for auto body shops and individuals. They carry four major paint lines and the sale of auto paint makes up the bulk of their business (90%). They have a large base of clientele with over 90 auto body business accounts. Most of their clients have mixing banks supplied by this company and they earned a great reputation and professional relationship with these companies over the past two decades. The remaining 10% of their business comes from related supplies for body shops, but their primary focus is paint. While most of their business is derived from B2B sales, they also serve walk-in customers as well. In addition to the consistently profitable cash flow, approximately $180,000 in asset value is to be transferred with the business sale. However, This includes their equipment, vehicles and approximately $150,000 in inventory. The real estate however, is not included in the asking price and is available separately for $155,000. If you would like more information on this company, or if you would like to schedule a site visit, please contact the listing agent either online or by phone. Online inquiries will be replied to with an email from an @marvingroupllc.com address with a required NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from the agent within 24 hours (weekdays), please contact them by phone.


DETAILED INFORMATION
Location
Rock Island County, IL
Inventory
Included in asking price
Real Estate
Owned
Building SF
11,000
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1,000 sq ft of office space and 10,000 sq ft additional workshop/inventory. Available separately from the asking price for $155,000
Growth & Expansion
Focus on sales in Peoria, Open on Saturday, Add Flood Insurance, Solicit Additional Body Shops, Add Sales Staff, Increase Marketing
Support & Training
Owner will train the buyer for 4 weeks
Reason for Selling
Retirement
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Tommy Farmer
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Tommy Farmer