Services - Auto Repair, Parts & Svcs | Services - Miscellaneous Repair

Asking Price	$1,000,000	Inventory	$25,000*
Gross Income	2,988,265	Real Estate	$2,750,000**
Cash Flow	$350,000	Year Established	1949
FF&E	$250,000*	Employees	24

* included in the asking price

** not included in the asking price

This established auto body, repair, and painting business is in a great location and has all the essential elements to continue its success. The winning combination of a comprehensive facility, experienced managerial staff, long-term employees, and growing community of Reno, all combine to posture this business for another successful 50 years! From a regional perspective, the Northern Nevada area comprised of Reno, Sparks, Carson City and Lake Tahoe is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. This high desert region nestled at the base of the Sierra Nevada mountain range is consistently ranked as one of the top places in America to live and do business because of it s diversified economy, desirable climate, and quality of life. In quality of life studies, Men's Journal Magazine ranked Reno eighth among America's "50 Best Places To Live" and Cities Ranked and Rated Magazine named Reno ninth out of 331 cities among the best places to live. From a business perspective, Forbes Magazine ranks Reno 25th out of 150 cities for doing business. The Forbes/Milken Institute ranks Reno 26th out of 200 cities in their study "Best Performing Cities: Where America's Jobs Are Being Created". As a State, Nevada is also highly regarded. For example, Nevada was recently voted the best small business state in the country by the Washington-based Small Business Survival Committee. Secondly, The Center for Women's Business Research ranked Nevada third in the nation for growth in Women-owned firms.

Facilities: Auto Body, repair and painting business that has been in business for over 50 years, and under ownership with current owner for the last 15 years. 14,000+ square foot facility is on over an acre of land, and has all applicable equipment, tools, and supplies to carry out the quality work they are known for.

Competition: Long-term business has earned the respect of the community for their quality work. Business is in a great location and has experienced, loyal, and long-term employees and in place managerial leadership.

Growth/Expansion: Business could grow with an infusion of new energy and business savvy to create strategic allignments with insurance companies, car lots, etc.

Financing: $500,000

Support/Training: 30 days.

Reason Selling: Owner going into ministry.