Fully Equipped Auto Body Repair & Restoration Shop, 13000 sq ft

Akron, OH

Seller Financing Available

Asking Price:$299,000
Rent:$4,000/Month
Gross Revenue:$375,000
Established Year:2019
BUSINESS DESCRIPTION

Clean, Updated Shop. 100% Turn-Key Opportunity. New Paint Booth

Independent, well established shop with a large customer database built over 26 years. This shop has many repeat customers and a solid reputation for excellent work, placing it in the top tier for high-end vehicles.

Strategically located just 2 minutes from the highway in the City of Akron, Summit County, Ohio. The business boasts 13,000 sq ft of space allowing comfortable work on 20 - 25 cars. The facility features a 25 ft. ceiling, four overhead garage doors, new LED lighting, four new overhead tube heaters, a new asphalt parking lot surrounding the building providing ample parking and a new roof. The property also includes three newly remodeled air conditioned offices, a customer waiting room, a conference room, and a customer bathroom. In additional, there is a large parts room, a wash bay area, a shop bathroom, plus state of the art equipment including a new Ameri-Cure heated/bake Spray Booth and a new Cheetah Frame Machine.


DETAILED INFORMATION
Location
Akron, OH
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
13,000
Lease Expiration
31/01/2028
Employees
2
Facilities
New Ameri-Cure Heated/Bake Spray Booth, New Cheetah Frame Machine with Tool Board, Lesinal Paint System, Snap On Abrasive Blast Cabinet, Dannmar Scissor Lift, Gardener Denver Compressor, Polyvance NP Welder, 2-Post Car Lift, Mac Tool Mig Welder
Competition
Currently, business is generated through word-of-mouth, walk-ins, referrals, insurance companies, and some local dealerships with NO advertising being done. Adding a modest advertising campaign could be very lucrative!
Growth & Expansion
Tremendous opportunity for growth and expansion for the person who's willing to get in and get after it
Financing
Must be SBA Pre-approved. Partial seller financing avail.
Support & Training
Seller is willing to stay on and mentor, if necessary, someone who is looking to really grow this business.
Reason for Selling
Retirement. The seller has some jobs that he would like to see though.

BUSINESS LOCATION
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JAMES BONNER
JAMES BONNER