Collision Repair Company

Business Description

For sale is an 8-year-old collision repair center in Arizona that services individual customers and is located in one of the fastest-growing cities in America. They work 100% through insurance and offer towing, automotive glass replacement, motorcycle repair, painting, detailing, and paintless dent repair (only for collision-related repairs).

The business works with all insurance companies but is not in contract with any of them, giving them more pricing flexibility. They only use OEM parts (not used, salvaged, or aftermarket) and focus more on increasing revenue per car versus bringing in more cars.

The owners’ roles will need to be replaced as they want to pursue other entrepreneurial ventures and have the flexibility to move out of state. There is one employee who can manage the shop and is cross trained in the owners responsibilities. They hire subcontractors (there are three main ones they work with) to keep overhead low, and the owners are confident they will stay with the company post-sale.

There are no specific licenses or certifications needed to run the business. Prior experience in collision is helpful but not necessary and can be learned.

 

2020 2021 2022 Jan-Oct 2023
Revenue $1,322,380 $1,942,840 $2,331,705 $1,901,170
SDE $581,495 $905,958 $1,137,818

$1,083,906

 

Financial Overview

Asking Price: $4,500,000

Revenue: $2,331,705 (2022)

Income: $1,137,818 (2022)

Multiple: 3.9x

The listing is either pending or closed so the NDA cannot be signed