Share This Info:  
BizBen Posting Details

For Sale: Auto Body Shop - For Auto Wheels, Very Profitable - San Jose, SF Metro Area

Save This Posting    Share This Posting    My Notes    NDA    Print    Monitor    Report    Add A New Posting

Current Status: Active     Posting #: 252615     Last Refreshed: 5/14/19     BRE License #: 01919755    
Contact: Tim Cunha At 650-600-3751 , 844-237-6487  -  Also Email This Contact Below
Price:  $599,000     Down:  Call     Adjusted Net:  $300,000     Revenue:  $1,200,000    
Attributes:  Training & Support     Cooperation With Brokers?  Yes
San Jose, SF Metro Area Auto Body Shop - For Auto Wheels, Very Profitable Business For Sale

  Email Tim Cunha Below About This Posting
Your Name:
      Your Email:
      Your Phone:
Your Questions And Message To Tim Cunha: 

No Spam
For Best Results & Response, Email & Phone This Contact: Tim Cunha at 650-600-3751 and 844-237-6487.

  Description About This Posting: Auto Body Shop - For Auto Wheels, Very Profitable
This is a specialized 'auto body shop for wheels' repairs, refurbishing, painting, and polishing. Serving the San Jose Metro/Bay Area for over 30 years. All work is done in-house, using a full array of wheel straightening equipment, including a state-of-the-art wheel press and a hub aligner that brings wheels back to 'near-perfect' trueness.

They reconstruct wheels to new condition and structural integrity. First, the wheel is straightened as much as possible, then they weld new aluminum or steel to repair or replace broken off pieces of wheels that were lost in especially bad impacts. Once the new material is machined to meet the original specs, they then smooth it to match the wheels' original surface. The customer then has the option of original paint, custom paint, or polishing it to a mirror like shine that even the most critical eye would approve of.

Customers include individual vehicle owners, corporate vehicle fleets, and commercial auto body shops throughout the greater San Francisco Bay Metro Area.
This is an ideal business that capitalizes on the trend to repair rather than replace. Repairing wheels usually costs less than buying new, and often the damaged wheel is no longer available from the manufacturer. With a 'wholesale' as well as retail customer base, it provides economic stability and sustainability. The potential new owner could be an owner-operator, a semi-absentee investor, or an existing auto body shop that wants to expand its market.

The business is in a leased facility with office, work, and storage space, with a monthly rental of approximately $7,000 per month. Equipment includes (but not limited to) automatic polishing machines, polishing lathes, wheel presses, CNC machines, paint/spray/powder booths, paint & powder guns, lifts, wheel balancer, blast cabinet, compressors, and 5 vehicles for pickup and delivery. The itemized cost to acquire and install replacements for all the furniture, fixtures, and equipment ('FF&E') with similar type, age, and condition ('used, not new') is $400,000.

Sales are approximately $1,200,000 annually. Gross revenues in the first three months of 2019 (Q1) are over $300k, with an annual SDE trending to be $300k, perhaps more. 2018 financials are still being completed and 2018 SDE being calculated; complete financial history will be available to serious prospective buyers upon signing an NDA and meeting with the broker and seller.

The Transaction: The asking price for the entire business is approximately 50% of annual gross revenue / 2X SDE $599,900. This includes website, phone number, name, customer database, manufacturer relations, tools, equipment, instruments, and a reasonable period of training and management transfer consultation from the seller (length of time to be negotiated). It would not include the sub-S corporate entity, cash-on-hand, rental deposits, accounts receivable, or accounts payable. Parts inventory cost is negotiable.

Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made NO independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

To get more information about this Auto Body Shop - For Auto Wheels, Very Profitable business for sale in San Jose, SF Metro Area please phone Tim Cunha (Intermediary, Broker - BRE License #:01919755) at 650-600-3751 and 844-237-6487 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #252615 on BizBen.com. In addition to phoning Tim Cunha, make sure you email Tim Cunha above to get more info about this Auto Body Shop - For Auto Wheels, Very Profitable, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
Notes
My Posting Notes


  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Elizabeth McGovern: Escrow Services - SF Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Ranvir S. Sandhu, Esq. - Legal Services For Buyers And Sellers

I've worked at top Bay Area law firms and have extensive experience with business entity formation, mergers, dissolutions, conversions, employment matters, including experience in reviewing and negotiating transactional documents such as leases and purchase agreements.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses

Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.

Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

Business Purchase Financing Expert Gives Tips On Proving Cash Flow

What are the actual "provable" adjusted net earnings (cash flow) of a small to mid-sized business being purchased? Buyers need to look carefully at all financial info for the "real" adjusted net income or cash flow. Peter Siegel, MBA (business purchase financing expert) at 866-270-6278 explains.

5 Dangerous Trends Small Business Seller/Owners Should Consider When Selling

Business brokers and other Advisors on BizBen discuss key areas small business owners should think about before they sell their small to mid-sized business. Topics include: Commodization, Amazon, Big Box Stores, Rules and Regulations, and Baby Boomers. Rob Hartman, SF Bay Area Intermediary explains.

Buying A Business: Why Is It Important To Look At Its Tax Filings?

Business tax filings are very important factor in determining the credibility of business financials. Just seeing those financials, you can't determine whether those values are overstated or not. Some business owners provide made up financials to buyers - so, that's where tax fillings come in.

Due Diligence Checklist: 10 Key Items To Investigate When Buying Businesses

Buying a California small business involves reviewing due diligence checklists so buyers can learn enough to determine whether to proceed with a deal. Here's a due diligence checklist. Peter Siegel, MBA (BizBen ProBuy Advisor & Business Purchase Financing Expert) at 866-270-6278 shares his views.

How Do I Navigate Through The Negotiation Process When Buying A Business?

Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.

Why Deals Fall Out: Unrealistic High Asking Prices Are Usually The Reason

The unfortunate truth is that approximately 50% of all small business sales transactions fall out. While failed transactions can happen for a many reasons, Peter Siegel, MBA (BizBen Director & Business Purchase Financing Expert) discusses the main reason deals fall through; steep asking prices.

How Do I Determine the Value Of My Small Business? Or The One I Want To Buy?

How do you determine the value of your business when you go to sell or even buy a business? There are so many factors and that is usually one of the first items serious buyers inquire about. Tim Cunha JD (SF Business Broker at 650-600-3751) initiates this Discussion On BizBen with other Advisors.

Financing Advice: Showing Add Backs To Get Business Acquisition Financing

When seeking business acquisition financing, it helps to review a seller's addbacks as a source of funding to service the debt service. But explain them correctly. Peter Siegel, MBA business acquisition financing expert and advisor at 866-270-6278 covers this topic on financing a business purchase.

See All News, Tips And Events


Close
Business Purchase Financing SBA Loans
Ranvir Sandhu Attorney
BizBen Podcasts Live
Redwood Escrow Bulk Sale Services
Facebook
Twitter
Linkedin
Google Plus You Tube
Vlogs and Podcasts
Ranvir Sandhu Attorney SF Bay Area
Business Purchase Financing Assistance And Loan Placement
Live Podcasts On BizBen


Auto Related
Business Services
Children Related
Communication Related
Computer, Internet Related
Construction Related
Entertainment Related
Financial Services
Health, Beauty Related
Home Improvement Related
Maintenance Related
Manufacturing Related
Media, Publishing Related
Pet Related
Photography/Video Related
Real Estate Services
Restaurant, Food Related
Retail Related
Service Related
Sports Related
Transportation Related
Travel Related
Wholesale Related

Auto Body Shops
Auto Repair Shops
Bakeries
Bars, Sports Bars
Cafe Restaurants
Car Washes
Cleaning Services
Clothing, Apparel Stores
Coffee Shops
Convenience Stores
Deli Restaurants
Discount, Dollar Stores
Dry Cleaners
eCommerce Websites
Fast Food Restaurants
Florists, Flower Shops
Full Service Restaurants
Gas Stations
Gift Shops
Gyms, Fitness Facilities
Home Health Agencies
Hotels/Motels
Ice Cream Shops
Juice, Smoothie Shops
Laundromats
Liquor Stores
Markets, Marts
Nightclubs
Pizza Restaurants
Postal, Shipping Stores
Preschools, Day Care
Print Shops
Salons, Beauty Shops
Sandwich Shops
Smog Test Only Shops
Smoke Shops
Spas, Med Spas
Sushi Restaurants
Tire Shops
Towing Services
Vending Routes
Wireless, Cellular Shops
Yogurt Shops

Alameda
Alpine
Amador
Butte
Calaveras
Colusa
Contra Costa
Del Norte
El Dorado
Fresno
Glenn
Humboldt
Imperial
Inyo
Kern
Kings
Lake
Lassen
Los Angeles
Madera
Marin
Mariposa
Mendocino
Merced
Modoc
Mono
Monterey
Napa
Nevada
Orange
Placer
Plumas
Riverside
Sacramento
San Benito
San Bernardino
San Diego
San Francisco
San Joaquin
San Luis Obis
San Mateo
Santa Barbara
Santa Clara
Santa Cruz
Shasta
Sierra
Siskiyou
Solano
Sonoma
Stanislaus
Sutter
Tehama
Trinity
Tulare
Tuolumne
Ventura
Yolo
Yuba

0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million



BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2019, All Rights Reserved

               Vlogs and Podcasts  
Join Us On Social Media - Content Updated Daily
Sign Up Today - For Our FREE BizBen Weekly Email Newsletter
Includes The Best Info On Buying, Selling, Valuing, Financing California Businesses:
Articles, Blog Posts, Podcasts, Videos/Vlogs, Discussions, Q&A, Workshops, Webinars,
Resources. Watch For An Email Confirmation After Signing Up Above. Thank you.
Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 
Search BizBen.com

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
Unreported Income: Should Sellers Disclose Unreported Cash To Buyers?
Read More News
How Many Listings Is Too Many For One Broker To Handle? Is It 5? 10? 20?...
Read More News