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AutomotiveFor Sale

Established Auto Detailing & Paint Protection Specialist - Grand Rapids, MI

Grand Rapids, Michigan

About This Business

Since 1994, this thriving automotive detailing and ceramic coating business has built a stellar reputation throughout West Michigan. Generating $390,414 in annual revenue with a healthy $31,766 cash flow, this 6-person operation serves both retail customers and commercial fleet accounts. The business specializes in premium paint protection, ceramic coatings, and comprehensive detailing services, operating from a well-equipped 2,500 sq ft facility with state-of-the-art equipment and established supplier relationships. The loyal customer base includes repeat clients and corporate partnerships that provide consistent monthly revenue streams. The business operates efficiently with experienced staff trained in advanced detailing techniques and protective coating applications. Equipment includes automated wash systems, spray booths, and professional-grade detailing tools. Marketing through local SEO and customer referrals has minimized advertising costs while maintaining steady demand. Seller is transitioning to pursue other entrepreneurial ventures and is offering this turn-key operation at an exceptional valuation. Ideal for an operator wanting to expand into the growing automotive protection market or consolidate with existing operations. All customer contracts, supplier agreements, and operational systems transfer with ownership. Strong growth potential in underserved service categories.

Financial Details

Asking Price
$100,000
Cash Flow
$30,000
Gross Revenue
$390,000
EBITDA
$25,000
Inventory
N/A

Business Details

Established
1994
Employees
6
Real Estate
Own
Reason for Selling
Moving to other ventures
Financing
Yes
Training
No

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
3.3x
Price/Revenue
0.3x
DSCR
2.39
Cash on Cash ROI
-425.4%
Down Payment (SBA 10%)$10,000
Loan Amount$90,000
Monthly Payment$1,045/mo
Annual Debt Service$12,540
Owner Salary$60,000
Cash Flow After Debt + Salary$-42,540
Asking Price
$100,000
Cash Flow: $30,000

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