All-inclusive sale! As a direct choice repair shop for three insurance companies including USAA, this Northern West Virginia automotive paint and body shop has limited local competition. They offer 12-month warrantied, full-service vehicle restorations and collision repairs including autobody paint, clear coats, light or heavy cosmetic damage and chipping deterioration fixes. This business also provides window maintenance and replacements, minor bumper destruction treatment. They also offer mechanical estimations and fleet convenience, safety inspections, full examinations, wheel alignments, engine compression testing, internal coolant leak checks, and diagnostics. Included in the sale, the developed lot is nearly 1.3 acres and consists of two buildings featuring a shop with three bay doors and a parts room totaling 10,750 sq. ft. and garage storage area with 2 bay doors for detailing and spray-lining. It is zoned for commercial use and capable of handling additional capacity. Company’s large pool of repeat customers, its strong reputation supported by nearly 30 years of ongoing, quality-focused operations present several growth opportunities for an ambitious buyer, as sellers agree to assist with managerial and bookkeeping functions during a six month transition. Currently projecting $1,800,000 in gross income for 2019 reports, revenues for 2018 reached $1,516,421, along with $99,119 in SDE’s; based on an independent evaluation!
Listing includes Equipment valued at $196,717, Inventory of $40,000 and a Property atop a 1.3 acre lot valued at $700,000!
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.