Location: Chicago metro - suburbs
Industry: Auto Repair and Service Shops
Listing ID: 40730450
Listing Status: New
Explore this excellent opportunity to purchase a growing business with many long-term customers, high profit margins, and significant growth potential.
This well-established company provides custom graphics, vinyl auto wraps, pinstripes, body and wheel molding, and paint protection film to auto body shops and auto dealerships. This is both a product and service business. In some instances, only products are delivered to the customer. At other times, the product is both delivered and installed.
The company has experienced significant sales and profit growth in recent years. Annual sales growth has averaged 11% from 2018 through 2022. Cashflow growth for the same period has been 14% annually.
Cash flow for 2022 was $416,472 versus $368,348 in 2021. Forecasted cash flow for 2023 is $497,405. This is a 20% increase over 2022. The company is well-positioned for further growth with the right buyer.
*Sales Growth Potential / Scalability – A new owner can grow the company by implementing several strategies recommended by the owner. The business will provide enough cashflow to finance the purchase, pay the new owner a generous wage, and have sufficient remaining to invest in new employees and vehicles to grow the business further.
*Repeat Long-Standing Customers and Business – 95% of annual revenue is generated from repeat customers. The business has been active for 25+ years.
*Low Customer Concentration – No client represents more than 5% of total revenue!
*Large Customer Base with Stable Long-Term Customers – The company has 130 active customers with about 900 total customers in their database. 64% of customers have been doing business with the company for more than 5 years and 22% have been with the company 10 years or more.
*Diversification of Services and Products – The company provides a variety of services and products with room to expand into other product and service lines.
*Excellent Financial Records – The company maintains highly accurate and well-organized financial records to allow for easy verification of company records by a buyer.
Since customers are located throughout a wide geographical area that includes the greater Chicagoland area, this business can be operated from anywhere within the city and outlying suburbs. The business utilizes a small 10' x 9' office space and a storage area of 17’ x 14’ to hold inventory and equipment. Everything else needed to run this business such as inventory, equipment, and auto vehicle is included with the sale.
The owner will provide the basic training required for the service aspect of the business The required training is not highly technical nor complicated to learn. Anyone with a customer service mindset and a desire to learn the skills involved in applying graphics and other accessories to auto vehicles can successfully run and grow this business. This is a turn-key operation with low overhead that is growing and making money every month.
This business would also provide an excellent acquisition opportunity for a company wanting to add these products and services to its existing offerings. If you currently own a company with underutilized employees in a related business, this could be an ideal add-on to your existing business.
If you’ve been searching for a high-quality business with a proven record of stable sales and margins, excellent financial records, and tremendous upside potential, this is the business for you.
Down Payment: $60,000
Total Sales: $547,303
Cash Flow: $416,472
Accounts Receivable: N/A
Inventory Included: Yes
Year Established: 1995
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
Reason For Sale: Retirement