Chicagoland Classic Car Restoration & Repair

Featured on BusinessForSale.com . 28 viewed

Asking Price

$10,500,000

FOR SALE - ACTIVE

Detailed Information

Location

Chicagoland Area, Illinois, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This Chicagoland-based classic car restoration and repair business has been a prominent player in the industry for over 40 years. They specialize in high-end restoration, sales, service, and auto body repair, catering to a diverse clientele that includes both auto manufacturers and classic car enthusiasts. With a skilled team of certified mechanics and a strong reputation for top-quality work, the business has achieved a yearly cash flow exceeding $600,000 and steady growth in owner benefits over the past three years. The company excels in handling a daily workload of 25 classic automobiles at various restoration stages, offering both short-term repairs and long-term projects, particularly during the winter months when storage services are provided. With a total asset valuation of over $7,000,000, including valuable real estate and a diverse inventory of classic vehicles, the business presents a solid foundation for continued growth and operational success. The combination of expert craftsmanship, a loyal customer base, and substantial financial returns positions this business for ongoing success and profitability.

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