This best-in-class collision repair shop has been in operation since 2007. Business is focused on providing personalized family service to customers and fleet service operators from Spring, The Woodlands, Conroe, Tomball and surrounding areas. Nice facility with 9 working bays, heated paint booth, computerized paint mixing system, prep station, vehicle lift, frame machine and an office, and a storage area that holds 25-30 vehicles. Trained, experienced ASE and I-CAR certified technicians. Multiple year award winner of the Better Business Bureau “Awards of Excellence” with a Gold Star and A+ rating. Works with all insurance companies. Solid website and internet presence. Constant backlog of work.
Pictured left-to-right: Buyers (2), Ray Doba (CBB Broker), Sellers (2), SBA Lender
This business was sold within five months of going to market. SBA Financing was involved in the deal.
Retirement was the Seller’s motive for selling the business.
The Buyer has personally restored up to 5 Classic Cars. This hobby is what attracted him to the Car Paint and Body Repair industry. During the past couple of years, he has been looking for a shop to purchase and has talked with different repair shop owners to get an understanding of what it takes to run this kind of business.
The Buyer is well-versed in the terminology of the paint and body repair business and had done a lot of research on the industry, its equipment and financial reward of owning this type of business. He had the knowledge, experience and motivation to be a business owner. The reason he purchased the business was the strong financial history, credibility of the owner, and the reputation of the business. To round out this perfect deal, SBA lender Texas Gulf Bank funded the deal.