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California
Asking Price
$849,000
Revenue
$2,406,911
Down
$636,750
Cash Flow
$316,390
Name: Brett Sargent
Phone: Show phone number
Name
Brett Sargent
Phone
Show phone number
Posting ID:
285715
Attributes:
Absentee Run
Broker Cooperation
Owner/Seller Financing
Relocatable
Semi Absentee Run
Training And Support
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Auto Paint And Collision Repair Franchise - 11 Yrs
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Market Leading Auto Paint and Collision Repair Franchise in Northern California - SC2197 Financial Information Asking Price: $549,000 Cash Flow: $215,000 Gross Revenue: $1,000,000 Down Payment: $411,750 This Northern Californian Auto Paint and Collision Repair Franchise is a California Sub-Chapter S Corporation that has been in existence for 11 years and under current ownership for the past 5 years. Located in Northern California, they are part of America’s #1 auto paint and collision repair provider servicing more than 20 million cars over the past 50 years. Anything from just changing the color of a car to handling an insurance claim, they can help turn the car you drive back into the car you love. They work with all insurance companies and guarantee their work nationwide warranties. Business Location City: Northern California State: California Reason for Sale The reason for selling is the Seller would like to pursue other interests. Detailed information Year Established: 2013 Home Based: No Franchise: Yes Relocatable: No Lender Prequalified: No SBA Prequalified: No Full-Time Employees: 7 Part-Time Employees: N/A Contractors: N/A Owner Worked Hours/w: 30 Adjusted EBITDA: On request Inventory Included: Yes Inventory Value: $3,000 Monthly Rent: $6,900 Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 10000 FF&E Included?: Yes FF&E Value: $100,000 Training/Support The Seller is willing to train the new Owner for up to 4 weeks at 20 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller. Market Outlook/Competition The North American automotive collision repair market size was estimated at $45.4 billion in 2023 and is projected to grow at a CAGR of 1.1% from 2024 to 2030. Stringent government regulations and safety standards are driving market growth. Regulatory bodies such as the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) update safety standards for vehicles. CA 02282967 NV B.1003039.LLC NV BUSB.0007191

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