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Independent auto body shop for sale in northern Colorado. The coronavirus pandemic had a heavy impact on the auto body industry, but this well-established shop has endured. The efficiency and quality of the work performed in this business helps it to stand out among the competition.
Originally established in the 1980’s, this shop, owned and operated by its current owner for over 25 years, has been a very stable and profitable operation. While the pandemic had significant impact on the business, the owner managed to keep it profitable even while keeping his personnel on board and paid full-time wages. The pandemic caused slow days, weeks and months, but the business carries on. Cash flow presented includes an adjustment for an estimated impact of the pandemic.
Very well experienced staff in place, which is of considerable benefit for a new owner. Business location is along a well-traveled roadway. Seller willing to provide extended transition assistance if desired. Seller also owns the building, and may consider selling the building if business buyer is interested.
Business was established nearly 40 years ago; purchased by current owner about 25 years ago.
The industry has various competitors, but this shop has a reputation for great quality and service in the area.
In an industry in which volume can be driven by circumstances not under your control, growth is established in the long term by building a reputation, which is strong for this long-established business. Population growth in the area provides a stable growth environment as well.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.