Asking Price: $460,000 Gross Revenue: $524,250Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $110,000 included in asking priceFF&E: $10,000 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.
Full Automotive Service Center and Retail Tire Sales established since 1991 servicing four generations of loyal local customers. Automotive and Tire Center has been in same Fort Worth location for over 50 years. Owner ready to retire after successful run in automotive service industry.
About the Business
Tarrant County, Texas
Number of Employees:
Building Sq. Ft.:
$4,370.00 Per Month
4100 Sq. Ft. Auto Service Center This longstanding automotive business is a family-friendly service business, owned and operated for over 17 years by the same family. Family owners have proudly served generation after generation of local customers. This local icon has supported many local civic and community based organizations. Family owners have been a longtime community leader.
There are multiple automotive repair shops within a 5-mile radius. This automotive business's competitive edge is their certified automotive repair, competitive product pricing, state licensed inspection facility, and large parking area in a high traffic strip center.
Growth & Expansion:
This automotive service and tire center has the potential to grow in excess of 25% margins with the increased online social media presence through (Facebook, Twitter, Linkedln, Google+, Snapchat, lnstagram, etc.), data base direct mailing and the addition of one Service Technician. Location is key for continued growth. Business has been in same location for over 50 years with a huge local fingerprint. Future service contracts with large auto lease centers would grow revenues rapidly.
50 year "same FW location" Tire and Auto Service Center FOR SALE
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