A Letter of Intent has been signed for this business. Harvest Business Advisors is now working with the seller and buyer for a successful transaction.
For over 80 years, this family-owned body shop has been providing comprehensive auto body repair service to their customers.
In addition to standard auto body work and mechanical repair, this Northern Virginia business has developed a reputation for high quality auto restoration work as well.
This full-service auto body repair maintains a coveted I-CAR® Gold Class® status for their work. Experienced team of technicians are cross-trained so they can be easily shifted to areas of highest need.
Services include:
- full service collision shop (with 13 auto lifts)
- full in-house mechanic shop with alignment and tire mounting capabilities
- ability to service and paint over-sized vehicles
- all A/C servicing (including R1234YF)
- Virginia safety inspections
- rust-repair
- classic car restoration
Convenient high-income, high population concentration location near Silver Line metro, Loudoun County Parkway and Route 50, drawing from both Loudoun County and Fairfax County.
Due to the impact of COVID-19 on the business, the owners developed a set of revenue projections for 2020, 2021 and 2022.
These projections are based on how the owners, at this time, anticipate revenues restabilizing in the future.
The property is owned by the family. They are willing to sell or lease back the property to the prospective buyer. Owner will stay on for an agreed upon time to support a successful transition.
ASKING PRICE: $1,400,000
Connect with Richard Stopa (rstopa@harvestbusiness.com) at 703.307.1187 for more information and details about this business.
Click here for a Non-Disclosure Agreement and Finance Document
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction.Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.