Are you looking for a new location? This business is in a commercial park close to Walmart. There is a high visibility from I-70. Shop is located in Rifle CO which is a high growth area. The shop was established in 2004 when the building was built. The original owner had months when he ran over $1,000,000 a year. Over a period of time he ran off all the DRP’s and conserited on classic restorations. Of course the numbers dropped.
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The new owner bought the building and land, but not the business name because of awkward publicity. New owner owned a shop in Basalt, CO for 10 years and ran over $1,500,000 a year every year. He sold the business only, not the building and land for over $800,000. Later he opened a shop in North Carolina where he bought the land and built the building, later selling for 2.5 million. He wanted to move back to Colorado and bought this body shop on 2/1/2019. There has been a lot of restoration on the building. Also he has brought in American Family as a tier one shop, also State Farm and Hartford are DRP’s. The business is growing by leaps and bounds in a very short time. All the equipment is in place to run a turn key auto body shop.
Rifle, CO is located on the western slope of Colorado. The area is a vibrant and growing economy. Mountains, skiing, snowmobiling, hunting, fishing, rafting, and much more are a short drive away. We call it God’s country.
The only reason he has run into some health issues. The business, building, equipment, name all go with the sale. Owner will owner finance with 20% down and good credit. Must have a lot of confidence in business to finance shop.
If you want the Auto Body business only it will be $195.000 with no owner finance.
The building and land only will be $795,000.
Together they will cost only $850,000.
This is a great deal to own a shop and property. The price is only $850,000 for everything. Call me if you need info, John Stock show contact info
with Real Estate Out West. 111 E. 3rd street, Rifle, CO 81650