Auto Body & Paint Shop, Semi-absentee in Orange County
Well-established Auto body and paint shop located in an affluent region of Orange County, CA. It offers one-stop quality mechanic repair and body work on a wide range of vehicles with a focus on luxury brands including Bentley, Porsche, Mercedes Benz, BMW, Tesla, etc. It has two bays with lifters and frame machine. The semi downdraft paint booth, with a hard-to-get permit, is detachable and equipped with a water sprinkler system. The customer base is strong and solid, established from constant referrals and word-of-mouth. The gross revenue pre-Covid was about $725K. With the pandemic coming to an end, the revenue is gradually picking up and will come back strong.
Business Highlights:
- Located in a densely populated area
- Facility of 8,125 sf with a total rent of $8,620
- Total lot of 15,125 sf with an additional income of $2,500/mo from sublet
- Paint booth alone cost the owner about $100k to build out
- Strong customer base built on referrals
- High online ratings (close to 5 stars)
- Experienced and dedicated technicians
- Gross revenue bounced back at $529k for 2021
- Approximately $187k worth of FF&E included in the selling price
- Turnkey opportunity with great potential for growth
It is ideal for an existing auto repair shop that needs more production capacity, or is looking to expand into the luxury market, or a buyer from outside the O.C. looking to expand into the region.
Disclaimer: The information herein has been supplied from sources deemed reliable. Broker believes the information to be correct but has not verified the information and makes no representation as to its accuracy, completeness or reliability. It is buyer’s responsibility, with the aid of appropriate professionals, if necessary, to perform independent due diligence to verify all the information prior to purchasing the Business.
For more information, please contact Iris Chen at (626) 506-0300 or email her at [email protected] NDA will be required.
Listed By: Iris Chen
Background information
Reference:
PASADCA001-N1850
Year established:
Upon Request
Reason selling:
Other business opportunities
Finance
Sales:
$539,000
Operations
Employees:
4 FT
Equipment:
FF&E: $187,500 included in selling price
Inventory:
N/A
Premises
Square footage:
8125 approx
Rent and lease terms:
$8,620 base rent
Location:
Orange County in affluent region
Price and terms
Price:
$280,000
Down payment:
$280,000
Training:
2 weeks @ 20 hrs per week