Asking Price: $189,900 Gross Revenue: $494,796Cash Flow: $128,269 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 not included in asking priceFF&E: $60,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This full service auto-center has a proven track record with a seller having 45 years of experience he has hand picked the best mechanics in the area. Over 40K customers serviced over the years. Fully staffed office willing to stay on board. Excellent reviews and high work ethic combined with honesty and reliability separates this shop from the others.
Important: All buyers must sign an non disclosure form or request an electronic one be sent. SBA will only qualify if also purchasing the Real Estate
About the Business
Number of Employees:
Building Sq. Ft.:
Located on a busy thoroughfare with easy access to highways. 9 lifts with 10 garage doors. 2 restrooms, break room, and sits on .39 acre property with lots of parking for all customer an staff. There is a spray room as well for body work.
Always a competitive space but being in the industry and having a great reputation go a long way in this industry as well as personal attention to detail and each customers needs.
Growth & Expansion:
Plenty of room to make use of all the bays, hire additional mechanics, add a speed shop and customization's, and much more. Finding the right people is always the biggest challenge.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.