Maximizing Retirement by Selling their Auto Body Shop and Business for Top Dollar
Negotiated up $200,000. All cash. Closed in 30 days.
Aragone & Associates helped a long-time owner sell his auto body shop at 8625 Cuyamaca St in Santee, CA, for $1,100,000. After nearly 20 years of building and operating the business, he was ready to retire and initially thought the value was mostly in the real estate itself.
We sat down and talked through his goals, making this one-time sale count for a comfortable retirement, and showed him how bundling the operations, equipment, and goodwill could significantly boost the price.
Nearly 20 Years,
Ready to Retire
After nearly 20 years of building and operating the business, he was ready to retire and initially thought the value was mostly in the real estate itself.
Making a One-Time
Sale Count
We sat down and talked through his goals, making this one-time sale count for a comfortable retirement.
Bundling the
Complete Package
We showed him how bundling the operations, equipment, and goodwill could significantly boost the price.
Interest from
Multiple Buyers
Once we hit the market with that complete package, interest poured in from multiple buyers, leading to several strong offers.
Up $200,000,
Closed in 30 Days
We negotiated the final buyer up by $200,000, and it was an all-cash deal. Their Phase 1 environmental came back clean, so we closed smoothly in just 30 days with no hiccups.
Thinking about retiring, or selling your commercial property or business? See how we can help →
The Challenge
A long-time owner of an auto body shop at 8625 Cuyamaca St in Santee, CA. After nearly 20 years of building and operating the business, he was ready to retire, and initially thought the value was mostly in the real estate itself.
The Solution
We sat down and talked through his goals, making this one-time sale count for a comfortable retirement, and showed him how bundling the operations, equipment, and goodwill could significantly boost the price. Once we hit the market with that complete package, interest poured in from multiple buyers, leading to several strong offers.
We negotiated the final buyer up by $200,000, and it was an all-cash deal. Their Phase 1 environmental came back clean, so we closed smoothly in just 30 days with no hiccups, at $1,100,000.
Every business owner's situation is different, especially when it is time to sell. If you are thinking about retiring, selling your commercial property or business, or know someone who is, let us connect.
Commercial Real Estate
8625 Cuyamaca St, Santee
Auto Body Shop and Business · Santee, CA · Retirement SaleAn auto body shop and the business behind it, built and operated by the same owner for nearly 20 years. Taken to market as a complete package of real estate, operations, equipment, and goodwill, it drew interest from multiple buyers and several strong offers. The final buyer was negotiated up by $200,000 in an all-cash deal that closed in just 30 days on a clean Phase 1 environmental.
Thinking about retiring, or selling your property or business?
Every business owner's situation is different, especially when it is time to sell. If you are thinking about retiring, selling your commercial property or business, or know someone who is, let us connect. We are here to build the right strategy and maximize what you walk away with.
Results reflect a specific property and market conditions at the time of sale. Individual results vary and are not guaranteed.
This content is for general information and is not legal or tax advice. Trustees, executors, and administrators should consult their own attorney regarding their specific duties and authority.
Aragone & Associates | First Team Real Estate.