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SBA Pre-Approved Turnkey Auto Body Shop

Fort Wayne, IN (Allen County)

Seller Financing Available
SBA Pre-Approved Turnkey Auto Body Shop
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Asking Price: N/A

Cash Flow: $203,641

Gross Revenue: $641,337

EBITDA: N/A

FF&E: $100,000

Inventory: $20,000

Real Estate: N/A

Established: N/A

SBA Pre-Approved Turnkey Auto Body Shop

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Business Description

This auto body and paint business is top-ranked in the area and has near-perfect Facebook reviews. Located in Indiana, the shop prides itself on its buzz-worthy reputation for high-quality work, professional integrity, and unparalleled customer service. The business uses quality replacement parts (OEM, used, and aftermarket), paint materials, and top-notch labor to return customer vehicles to at least pre-accident condition. In addition to consistent collision work including major insurance DRPs, the shop is diversified in its offerings.

The current owner plans to head into an early retirement and is willing to use their 30 plus years experience in the auto body business to assist during the transition period. The shop is ready for a new owner to continue the history of excellence and expand its customer base.

Detailed Information

Location:
Fort Wayne, IN
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
7,000
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This facility is top notch and turnkey. It is located on a heavily traveled road that is great for visibility. An immaculate showroom, offices, restrooms, and a break room for staff to unwind. This location is over 7,000 sq.ft. Ready to roll on day one, as well as plenty of room for future expansion.
Competition:
The area’s market is not overly saturated with competitors. The current owner believes that providing high-quality personal service creates a level of trust and comfort in their customers. It’s this commitment to excellence that garnered an expansive repeat customer base of fleet, classic, and specialty vehicles, some of which have been loyal fleets for over 15 years. The shop's work on classic vehicles has won awards.
Growth & Expansion:
The new owner is set up with ample room for growth and expansion. The business already has a reputation for high-quality work, kind customer service, and top-notch facilities. The market isn't oversaturated with competition. The spacious facility is able to handle the collisions from winter’s inclement weather, fall’s deer-hits, and summer’s distracted drivers. The business has a strong relationship with insurance companies that point customers their way. They advertise in local papers and online. Additionally, the business a proud sponsor of community sports teams, safety and police programs, 4H, charities, and a wide variety of other local events. The shop is a true pillar of the community. A new owner can expand the business by utilizing the stunning company website and expertly rated Facebook page. Adding Twitter to the social media marketing plan could tap into an additional online audience. The business could expand by adding extra bays, offering detailing and window tinting, and hiring additional techs. Developing relationships with additional insurance companies can also help growth. The current owner suggests that the new owner offers Saturday hours and free loaner vehicles.
Financing:
Seller will consider some financing for a qualified buyer.
Support & Training:
Owner will provide training and support for a smooth transition. PLEASE BE ADVISED: PRIOR TO THE RELEASE OF ANY CONFIDENTIAL INFORMATION, THE SELLER REQUIRES ALL BUYERS TO DISCLOSE THEIR FINANCIAL QUALIFICATIONS THROUGH COMPLETION OF A CONFIDENTIAL BUYER QUESTIONNAIRE ALONG WITH A NON-DISCLOSURE AGREEMENT. SELLER’S APPROVAL OF SAME IS REQUIRED BEFORE CONFIDENTIAL INFORMATION IS RELEASED. PLEASE CONTACT OUR OFFICE FOR THE FORMS AT 800-636-7046
Reason for Selling:
Retirement
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(from currently available funds)
 
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Ricky Kerns

Business Listed By:
Ricky Kerns

Midwest Business Brokers Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.


Sponsoring Broker:
Dan Replogle, CBI, CBC, CCIM, M&AMI

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