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Profitable Body & Paint Shop for Classics & High End Autos

Scottsdale, AZ
listing image
Asking Price:$255,000
Gross Revenue:$236,674
Established Year:2018
Cash Flow:$133,609
Rent:$6,003/Month
Listing ID: 2029826Listing provided by BizBuySell
BUSINESS DESCRIPTION

Prime Location with High End Clientele

Perfect for an Owner-Operator looking to purchase a well-established, profitable business that specializes in providing show quality automotive body and paint work for classic cars, exotics and high-end late model automobiles.

Shop is located in a highly desirable area in Scottsdale, AZ catering to avid car collectors, enthusiasts, high net worth individuals, automotive restoration shops, and high-end automotive dealers.

The company has been "pandemic and recession proof" to date and was built debt free. All equipment is owned free and clear. Rent, paint supplies, insurance and utilities are the only main overhead.

For the Buyer(s) looking to continue with the current customer base, the ideal new Owner-Operator will be highly skilled in the craft of auto body and paint with at least a decade of industry experience. The business may be optimal for those looking to expand within the valley or moving in from out of state seeking a truly turn-key opportunity.

DETAILED INFORMATION
Location
Scottsdale, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,320
Lease Expiration
30/09/2025
Facilities
Business is housed in a 4,320+ square feet space. Shop includes a well-kept, like-new, self-standing paint booth and mixing room which is FULLY PERMITTED to City of Scottsdale code. Additional equipment and furniture is included in the purchase price and the full list will be provided in the Confidential Business Review. The company has no loans and carries no debt to any vendors, lenders, or utility/security companies. The work flow has grown every year since the company’s founding and thrived even during the pandemic.
Competition
Business is in high demand in a niche/specialty market in automobile painting, customization, and cosmetic repair. Most competitors in the area focus on collision repair and insurance claims business versus doing full body paint jobs on older classic vehicles or cosmetic repair involving luxury and late model, high-end autos. Additionally, owner’s pricing has remained quite competitive when compared to similar shops.
Growth & Expansion
The company does not advertise, as the shop is consistently full and all business is through referrals and online. With that, even a modest amount of marketing could boost the increasing cash flows to the new owners. Options for new Buyer(s) to expand could include hiring employees, doing their own fix and flips, selling customized paint color formulas, or even teaching auto body and paint via in person classes or online.
Financing
Cash Only, No Seller Financing Available
Support & Training
Seller would be available for a negotiable training and consulting period and will introduce new Buyer(s) to current customers. The business has been built through old-fashioned values of honesty, integrity, and excellent customer service; thus the Seller is hopeful these values would continue with the new Buyer(s).
Reason for Selling
Relocating Out of State
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Sonoran Escapes
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