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Las Vegas

  • Listing No.: 101-20140

  • Category: Auto

Asking Price $2,000,000
Down Payment $1,000,000
Gross Revenue $2,631,419
Total Adjusted Net Income $75,801
Equipment / Fixtures $1,000,000
Year Established 1978
General Location Las Vegas
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This is 2 business right next to each other in a combined 24,000 square foot location. One does auto performance and restoration while the other does auto body work. 2 paint booths. 1 downdraft and 1 in-draft with 6 lifts. Majority of the business comes from local dealership and word of mouth. No DPR relationships currently, the business used to work with insurance providers and would consistently gross over $4 million a year but got tired of working with them. Owner will train for a smooth transition. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. All gross sales revenue can be verified through sellers tax returns. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business.

Gross Revenue $2,631,419 Listed Price $2,000,000
Total Income $75,801 Down Payment $1,000,000
Base Rent Square Feet 24000
Total Rent Lease Expiration
Rent Deposit Lease Options
Inventory Leasehold Improvements $400,000
Equipment / Fixtures $1,000,000 Other Assets
Full-Time Employees 17 Training Period 14 Calendar Days
Part-Time Employees Special License Required Body Shop and Garage Keeper
Contract Staff Reason for Selling Seller is retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.