Mahomet, Champaign County

Mahomet Auto Body Shop for Sale

A auto body shop in Mahomet is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Champaign — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). No Chicago 45-day city notice unless the business also operates in Chicago. The statewide auto body shops playbook is on the industry hub; this page is the Mahomet file. Confidential sale. No upfront listing fee.

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Selling a auto body shop in Mahomet

A auto body shop in Mahomet is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Champaign — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). No Chicago 45-day city notice unless the business also operates in Chicago. The statewide auto body shops playbook is on the industry hub; this page is the Mahomet file.

Mahomet is an I-74 Champaign County village on the Sangamon — a bedroom community with a small downtown, school-driven households, not Rantoul’s old base and not campus.

Home-services buyers follow families who work in Champaign-Urbana and live here. I-74 is the commute, not a travel-plaza story. Owner ties to the schools are the transfer risk. Price a village route, not a research-park multiple.

Mahomet has about 8,389 residents in Champaign County, inside the Champaign-Urbana area. Nearby markets buyers already compare this book to include Champaign, Urbana, Clinton. That comparison changes who shows up: a buyer who will drive from Champaign is not the same buyer who will fly in from a coastal platform.

East-central Illinois demand

Champaign-Urbana, Danville, and I-57 / I-74 towns mix campus, hospital, and farm-adjacent service demand. Academic-year cash flow has to be shown, not smoothed away.

State CBS-1 plus municipal licenses. Campus liquor or vendor rules do not transfer by handshake.

Mahomet demand for auto body shops is the customer list and the license path — not the Census population figure. About 8,389 residents is context for who already lives in the trade area. It is not a sale price.

What a Mahomet buyer will underwrite on this auto body shop

A auto body shop in Mahomet is bays or site plus environmental accounts. The first buyer is often an operator from Champaign, Urbana, Clinton, not a coastal platform. Waste-oil, tanks, or refrigerant rules do not silently follow a stock sale.

Auto Body Shops statewide typically plan around 2.5x–4x SDE and a 5–10 months process when books and the lease are ready. That is a planning range, not a price for this Mahomet shop. Buyers here usually argue drp insurance relationships, equipment value, i-car certifications, throughput capacity.

Closing clock for this Mahomet file: Illinois CBS-1 (10 business days). No Chicago 45-day city notice unless the business also operates in Chicago. License path: Illinois does not license body shops statewide the way it licenses roofers, but paint-booth emissions, IEPA waste, and municipal occupancy are live issues. The industry hub teaches the statewide rule. This URL is the Mahomet application of it.

Mahomet is a small town market. The first serious call is often an owner-operator from Champaign, Urbana, Clinton, not a platform that needs $2 million of earnings to pay for diligence. SBA 7(a) and seller financing usually matter more here than a headline multiple.

Who buys a auto body shop in Mahomet

Buyers who understand a university MSA: student housing, restaurants, tutoring, and tech-adjacent services. Rantoul and Mahomet are more conventional small-city books. PE appears on healthcare and scaled services, not on a campus bar.

Illustration: a two-booth collision shop in Rockford with three DRP agreements, an aging downdraft booth, and a seller who still writes every estimate. Not a closed sale.

A auto body shop whose customers already sit in Champaign, Urbana, Clinton is a larger business than one that stops at the Mahomet city limit. Tell the truth about the route. Buyers will map it.

How a buyer will read the books on this Mahomet auto body shop

Collision recasts on DRP throughput and cycle time, not a custom-paint year. Add back owner compensation, then isolate total-loss admin fees, OEM-certification pass-through, and any painter who is really a 1099. Frame and booth depreciation is real; do not treat a fully depreciated downdraft booth as free cash forever.

Illustration only — not a quote for any Mahomet shop. A auto body shop whose tax return shows $215,000 of net profit is not worth $215,000 × a rumor multiple.

Add back the owner’s $93,000 W-2 and payroll tax, $22,000 of discretionary benefits, $1,000 of accepted one-time cost, and $9,000 of personal expenses that a buyer will not run. Then subtract $65,000 of replacement labor if the owner still diagnoses, sells, or closes the books.

Adjusted seller’s discretionary earnings are $275,000. At the planning range 2.5x–4.0x, enterprise value is $687,500 to $1,100,000. Mid-range 3.25x is $893,750 before debt, working capital, holdback, and tax. A Mahomet buyer will argue the multiple after they ride with the staff and read the lease.

At 3.25 times $275,000 of seller’s discretionary earnings, enterprise value is $893,750 before debt, working capital, holdback, and tax. That is the planning conversation. It is not a listing-site guess.

SDE line items

  1. Reported net profit (tax return, not the marketing P&L)
  2. + Interest expense
  3. + Income taxes (not payroll, sales, or property tax)
  4. + Depreciation and amortization
  5. + Owner W-2, bonuses, and payroll taxes on the owner
  6. + Discretionary owner benefits that a buyer will not keep (auto, personal travel, family on payroll with no role)
  7. + Accepted one-time or non-recurring expenses
  8. − Market-rate replacement labor for owner work that will not transfer
  9. = Seller’s Discretionary Earnings (SDE)
Illustration recast for a Mahomet auto body shop — not a quote
Net profit$215,000
Owner W-2$93,000
Benefits$22,000
One-time$1,000
Personal$9,000
Replacement labor (subtract)−$65,000
Recast SDE$275,000
Planning EV at 3.25x$893,750

Recast Seller’s Discretionary Earnings, then apply a planning multiple for auto body shops. Replacement labor is subtracted. This is a planning tool, not an appraisal.

Recast SDE—
Planning enterprise value—

Before debt, working-capital peg, holdback, and tax. Educational only.

Enter your annual Seller's Discretionary Earnings (SDE) — your net profit plus owner's salary and any personal expenses run through the business — to estimate a range.

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1x 3.0x 8x
Estimated Value Range — to —

This is an estimate for planning purposes only. Actual value depends on lease terms, asset quality, customer concentration, and current market conditions. Request a professional valuation for a precise number.

Licenses and closing steps for a Mahomet sale

Champaign County uses state CBS-1 plus Champaign, Urbana, Savoy, Mahomet, and Rantoul licenses. Campus-area liquor, rental, and restaurant licenses are not automatic transfers.

Illinois does not license body shops statewide the way it licenses roofers, but paint-booth emissions, IEPA waste, and municipal occupancy are live issues. I-CAR and OEM certifications sit with people and with the facility. Insurer DRP agreements are contracts with the named shop and often require a buyer application, not a blanket assignment.

What has to keep working on Monday after close in Mahomet

For a auto body shop in Mahomet, the first labor question is: Assignable or re-appliable DRP relationships.

University of Illinois calendar dominates Champaign-Urbana cash flow. Summer must be modeled. Research-park and hospital (Carle, OSF) support professional practices. I-57 and I-74 are the buyer roads.

One of Illinois’s few true university + research MSAs. Price the calendar and the lease, not “college town” as a multiple.

What a serious auto body shop buyer will open

Levers that move the multiple in this vertical: Assignable or re-appliable DRP relationships; Booth and frame equipment that meets current OEM repair methods; Staying estimators and painters; ADAS and aluminum capability; Cycle time a consolidator will not immediately discount.

Have these ready before anyone hears the name of the Mahomet business: DRP roster, cycle time, and severity mix by carrier; Booth age, make-up air, and IEPA or municipal paint-booth file; Frame rack, welder, and ADAS-calibration capability; I-CAR / OEM certifications tied to staying techs; Parts-procurement accounts and rental-car float; Work-in-process and supplemental-aging that inflates the trailing twelve.

SBA payment sketch for a Mahomet auto body shop buyer

Most Illinois owner-operator acquisitions use SBA 7(a). This is a payment sketch, not an approval.

SBA 7(a) loans are the most common financing for business acquisitions. Estimate your monthly payment and required down payment based on the purchase price.

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Down Payment Required —
Loan Amount —

This calculator provides estimates for planning purposes only. Actual SBA loan terms depend on your credit profile, the specific lender, and current market conditions. Contact us to connect with SBA-approved lenders in Illinois.

How to prepare a Mahomet auto body shop for sale

  1. Recast this Mahomet auto body shop. Start with the tax return. Add owner pay. Subtract replacement labor if the seller still does the work a Mahomet buyer must hire. Do not treat a spike year as the new normal.
  2. Name who can operate on Monday. List every credential that lets this auto body shop pull a permit or see a patient in Mahomet, and whether that person stays. Personal licenses do not transfer with the assets.
  3. Tell the truth about the Mahomet trade area. Map customers against neighboring towns. Buyers will. A book that already covers those towns is larger than a book that stops at the Mahomet limit.
  4. Open the lease and the labor file. Remaining term and assignment in Champaign County. Whether the crew can run without the seller living eight minutes away.
  5. Calendar the notices that apply here. Illinois CBS-1 (10 business days). No Chicago 45-day city notice unless the business also operates in Chicago. Start them at letter of intent, not the week of funding.
  6. Read the statewide playbook, then talk. The Illinois auto body shops hub is the statute and recast teaching. This page is the Mahomet file. Confidential consult — no upfront listing fee.

Questions about auto body shops in Mahomet

Answers for owners and buyers in Champaign County, including local closing steps.

Auto Body Shop Brokerage Near Mahomet

We serve auto body shops owners and buyers across Champaign County and the surrounding region.

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