Paint & Body Shop

Description

Automotive paint and body shop for sale in the Homer / Union County area. The business has operated for more than 20 years.

The seller reports weekly revenue of approximately $15,000 to $20,000, which equals roughly $780,000 to $1.04 million on an annualized basis.

Included in the sale

• Approximately 1.2 acres of commercial real estate
• Two paint booths
• Body shop tools and operating equipment
• Existing business setup

Four employees currently work in the business.

The shop receives work through Direct Repair Program relationships with insurance companies. The seller also states that it is the only automotive paint and body facility serving the immediate area.

Buyers should confirm the current competitive market and whether insurance relationships and DRP agreements will continue after a change of ownership.

The property and operating business are being sold together.

Buyers should review historical financial statements, weekly sales records, insurance work concentration, employee retention, equipment condition, paint booth compliance, property value, environmental records, hazardous material handling and any licenses or permits required for automotive refinishing during due diligence.