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Auto Body Repair Shop
A north central Florida collision repair and restoration shop sold with its own 8,500 square foot premises and all equipment owned outright.
Business Highlights
- Approximately 8,500 square feet of owned workspace included in the sale
- All real estate and equipment owned by the business, so no lease and no finance to assume
- Work spans collision repair, restoration, custom modifications and auto glass
- Revenue has grown strongly year on year
Considerations / Questions to Ask
- Collision work usually depends on insurer relationships. Is the shop on any direct repair programmes, and do those transfer?
- How is the real estate valued inside the asking price?
- What is the technician headcount, and how exposed is the shop to losing one of them?
- How does revenue split between insurance-funded collision work and customer-paid restoration and custom work?
- What is the age and condition of the paint booth and frame equipment?
Opportunities
- A buyer with insurer relationships could add direct repair volume to a shop that already has the capacity and premises
- Restoration and custom work carry better margins than insurance collision and are already offered
- Owning the building removes rent from the cost base and supports a sale-leaseback
- Auto glass is a high-frequency service that brings customers in for larger work