Auto Collision Shop with $682K Annual Cash Flow 💸

Under the Radar Weekly Deals

The #1 Boring Biz Newsletter

👋 Hey folks,

Welcome to issue #1 of Under the Radar!

This week’s issue features:

  • 🗿 Stone fabrication shop with $4M/year gross revenue

  • 💊 Retail pharmacy location with $500K EBITDA

  • 🚗 Auto collision shop with $682K in annual cash flow

Let’s get into it.

Hot Deals 🔥

Analyses of the top deals we found across various marketplaces.

#1. Stone fabrication shop with $4M/year gross revenue

🏷️ Asking Price: $1,500,000

📍 Location: Rochelle, VA

Overview: Located north of Charlottesville, Virginia, this state-of-the-art fabrication shop offers an intriguing business opportunity with a 13,000 sq ft facility, complemented by an additional 15,000 sq ft outdoor slab storage area. The business includes a $500K+ fabrication center, two forklifts, and a stunning 5,000 sq ft showroom displaying an inventory of kitchen cabinets and bathroom vanities valued at over $1 million. Since its establishment in 2017, the business has experienced rapid growth, with revenues reaching over $4 million in 2022, and offers a promising future for potential investors at a low rent of $6,850.

Key Highlights

  • $4M+ revenue (2022)

  • $700K annual cash flow

  • Low rent ($6,850/month)

  • ~$1M inventory (not included in asking price)

  • Revenue has doubled annually since 2017

  • Real estate NOT included (lease expires July 2027)

Growth Avenues 🚀

  • Product line diversification → expanding the product line to include a wider range of home and commercial furnishings could attract a more diverse customer base and drive future sales

  • Adding after-sale services → offering installation, maintenance, and repair services can provide additional revenue streams

Potential Risks 🚩

  • $1M inventory → Design trends change over time. Is this inventory still “trendy”? What’s the inventory age?

  • Higher interest rates and sharp downturns in homebuilding and existing home sales could hamper growth

#2. Retail Pharmacy Location with $500K EBITDA

🏷️ Asking Price: $2,100,000

📍 Location: Central Florida

Overview: Well-established retail pharmacy in Central Florida that’s served the local community for decades. The business fills an average of 300 prescriptions a day, evenly split between new prescriptions and refills. The dedicated team, including 2 Registered Pharmacists, 3 Certified Pharmacy Techs, and 5 Cashiers, is expected to remain post-sale.

Key Highlights

  • ~$6.6M annual revenue

  • $500K annual EBITDA

  • Mgt and staff expected to stay

  • Potential for seller financing

  • Healthy prescription mix (50% new, 50% refills)

Growth Avenues 🚀

  • Invest in technology to streamline operations, such as automated dispensing systems and inventory management

  • Grow partnerships with local healthcare providers, clinics, and hospitals for referral programs

Potential Risks 🚩

  • Existing team and management could leave post-acquisition

Questions❓

  • Why is the owner selling?

  • Is the real estate available for sale? If not, what’s the rent and lease expiration date?

#3. Auto collision shop with $682K in annual cash flow

🏷️ Asking Price: $1,300,000

📍 Location: Kings County, NY

Overview: This family-owned collision repair business, established in 1952 and spanning three generations, began as the first auto body shop in its town. Renowned for its wide range of collision repair services, it has become Brooklyn’s preferred choice for vehicle restoration to pre-accident condition. In the late 1990s, the business expanded to include a dedicated wing for bodywork, offering customized paint jobs and enhancing its service offerings.

Key Highlights

  • $2.6M annual revenue

  • $682K annual cash flow

  • Real estate available for sale or lease

  • 6 FTEs

  • Building contains 2 bedroom Apt ($1,400/month extra rev)

  • Owner will assist with transition for 6 months

  • Low local competition

Growth Avenues 🚀

  • Potential to further leverage its strong reputation by optimizing digital marketing efforts

Questions❓

  • Will the local community welcome new ownership?

  • Are the employees expected to stay post-sale?

Radar Picks 📡

Bit-sized reads featuring insights and fresh perspectives

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DISCLAIMER: This newsletter is for informational purposes only and should not be considered financial advice. It offers analyses of businesses without endorsing any specific financial actions. Readers are advised to do their own research and consult a professional before making investment decisions.