Business Overview
This listing is for a highly profitable and established classic car restoration and repair business located in the Chicagoland area that is available to a qualified buyer. Established over 40 years ago in the Chicago suburbs, this nationally acclaimed classic car restoration business has grown from humble beginnings into a prominent operation recognized nationwide and in leading automotive magazines. The company specializes in sales, service and auto body repair along with high-end restoration. The business attracts a clientele that includes auto manufacturers who trust the facility with their classic car showroom models.
The business operates with a skilled team of professional, certified mechanics, whose expertise has been cultivated and expanded over the years. With a typical daily workload involving 25 classic automobiles in various stages of restoration, the facility is well-equipped to handle both short-term repairs and long-term projects, particularly during the winter months when car storage is offered.
Their reputation in their marketplace is unmatched. Clientele from the entire country have showered the business with praise for the outstanding quality of their work. Their staff has grown in numbers substantially since their inception. Their employees are certified mechanics, and their work is top-of-the-line earning them a loyal client base from both manufacturers and classic car collectors/enthusiasts.
The business boasts an impressive yearly cash flow exceeding $600,000, with consistent growth in owner benefits over the last three years. This solid financial performance highlights the company?s stability and market demand.
With a total asset valuation of over $7,000,000, the sale includes significant real estate valued at $4,350,000, alongside a diverse inventory of classic vehicles. This robust asset base provides a strong foundation for continued growth and operational success.
This classic car restoration business presents a unique opportunity for acquisition, offering a well-established brand, a loyal customer base, and substantial financial returns. The combination of expert craftsmanship, a strong market presence, and valuable assets positions this business for ongoing success and profitability. If you would like more information about this business, or if you would like to schedule a site visit, please contact the listing agent online or by phone. Online inquiries will be replied to with an email from an @marvingroupllc.com address with a required NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from the agent within 24 hours (weekdays), please contact them by phone.
The business operates with a skilled team of professional, certified mechanics, whose expertise has been cultivated and expanded over the years. With a typical daily workload involving 25 classic automobiles in various stages of restoration, the facility is well-equipped to handle both short-term repairs and long-term projects, particularly during the winter months when car storage is offered.
Their reputation in their marketplace is unmatched. Clientele from the entire country have showered the business with praise for the outstanding quality of their work. Their staff has grown in numbers substantially since their inception. Their employees are certified mechanics, and their work is top-of-the-line earning them a loyal client base from both manufacturers and classic car collectors/enthusiasts.
The business boasts an impressive yearly cash flow exceeding $600,000, with consistent growth in owner benefits over the last three years. This solid financial performance highlights the company?s stability and market demand.
With a total asset valuation of over $7,000,000, the sale includes significant real estate valued at $4,350,000, alongside a diverse inventory of classic vehicles. This robust asset base provides a strong foundation for continued growth and operational success.
This classic car restoration business presents a unique opportunity for acquisition, offering a well-established brand, a loyal customer base, and substantial financial returns. The combination of expert craftsmanship, a strong market presence, and valuable assets positions this business for ongoing success and profitability. If you would like more information about this business, or if you would like to schedule a site visit, please contact the listing agent online or by phone. Online inquiries will be replied to with an email from an @marvingroupllc.com address with a required NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from the agent within 24 hours (weekdays), please contact them by phone.
Listing Details
Category
Auto Repair Services & ParkingMiscellaneous Repair ServicesMiscellaneous RetailMiscellaneous ServicesService Stations & Motor Vehicle & Recreational Vehicle Dealers
Detail
N/A
County
N/A
State
Illinois
Country
USA
Area
Eastern Midwest (OH, IN, KY, MI, IL)
Relocatable
Home Based
Franchise
Lender Pre-Qualified
A/R
N/A
Inventory
$385,000
FF&E
$803,115
Leasehold
N/A
Vehicles
$2,000,000
Real Estate
$4,350,000
Other Assets
N/A
Total Assets
N/A
Included
N/A
Current Liabilities
N/A