Highly Successful Auto Body Shop - 2023 Profits Up 70% in NW Michigan
Asking Price: | $1,700,000 |
Gross Revenue: | $2,438,507 |
FF&E: | $320,425 |
Established Year: | 1997 |
Cash Flow: | $638,284 |
EBITDA: | $558,284 |
Real Estate: | $550,000 |
Opportunity to Live the Life in Northern Michigan with Expansion Options
Profits in 2023 are Ballooning...increasing over 70%!!!
This highly recession resistant auto body shop is located in a highly desirable area in Northwest Michigan. This is an excellent opportunity for someone wishing to own a business in the majesty of northern Michigan or an expansion opportunity for someone already in the automotive repair industry.
This business has built a very high rate of repeat customers for their specific region and established itself as the most reliable and customer friendly source for automotive repair shop work in its service area. In fact, some customers will travel an hour or more to have their car worked on at this outstanding business that has built itself a reputation for over-the-top customer response to nearly any automotive repair.
This single location business has prospered and today has a business backlog of nearly three months. In brief, this business is very popular with the customers in its market area and the financial results reflect the significant level of success this business has achieved.
There are multiple opportunities for growth in this business, which is only limited by the need to add technicians for performing current and future services. The real estate owned and used by the current owners offer significant expansion options.