Asking Price: $169,999 Gross Revenue: $1,400,000Cash Flow: $75,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $30,000 not included in asking priceFF&E: $200,000 included in asking priceReal Estate: Not Disclosed Share 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.
**Seller Finance Available!**
Retiring owner needs new owner to run PROFITABLE long established Auto Repair Shop with Gas Station and Convenience Store with national brand gas. Easy access from 2 major roads has enabled this business enjoy good profits through the years. Due to the convenience of having a large space, locals have also patronized this store. High sales of Auto Repair Shop and loyal customers help maintain the net profit through the bad economy. Ready to expand convenience store to start additional income.
About the Business
Number of Employees:
Operating hours of Monday to Friday 7 to 7 PM and Sunday 8 to 11 PM offer an added incentive for today's busy lifestyles. The store leases 3,600 square feet. Auto Repair Bays. There are 6 pumps and air on the facility. The current lease term expires on 2015 with an additional renewal options. The current rent is $4,500 per month.
Conveniently located on Very Busy Intersection traffic light. 4 Entries from 2 major roads. In most sought market. Very Busy road. Excellent visibility.
Growth & Expansion:
• Personalized customer service and commitment to quality • Located on Very Busy Intersection traffic light. • Land Mark Sign • Opportunity to expand convenience store. There are numerous items that can be added such as check cashing, WU, etc.
39354-RB Auto Repair, Branded Gas + C Store in Richmond for $169,999
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.