Description of the business for sale
Tony Magusin is retiring and his famous Classic Car Restoration company is for sale with a creative seller-financing package of 50% down and a negotiable note length.
Located in Corona, California, Tony Magusin’s Auto Restoration and Classic Cars, is Southern California’s Street Rods and Classic Car restoration leader. Known throughout the industry for their award winning paint jobs, Toni’s can handle partial or complete frame off restoration projects, reconstruct metal parts; remanufacture fiberglass body sections or components; design and install new interiors to original factory specs and colors; as well as rewire an entire vehicle. Many customers request power plant swaps and drive line upgrades, and Tony’s provides this service through subcontractors who bring engines to the floor for drop in and bolt down.
This profitable company serves clients who demand high-end quality and restoration accuracy. Tony’s is a cash business with no receivables, and most clients supply their own parts from restoration parts distributors, so there is no significant inventory.
The sale includes the fully equipped shop, his established trade name, and logo. The new owner will earn income from work in progress, and Tony will remain for a reasonable period to insure a smooth client transition. Senior auto body techs want remain with the new owner as well.
This is unusual opportunity, one with ongoing cash flow, a large customer base, and the premier trade name of the classi
Support / Training provided by seller
Seller will provide training for 4 weeks at 20 hours/week.
Description of the facilities
5,000 sq. ft.
Rent = $4,650/month