Asking Price: $275,000 Gross Revenue: $680,000Cash Flow: $150,000EBITDA: $150,000Inventory: $20,000 included in asking priceFF&E: $100,000 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 Precision Tune Auto Care Center is located adjacent to a large shopping mall in highly visible, high traffic count (50K per day), commercial area in Bowie, MD. It is a part of a major national automotive conglomerate (a Carl Ichan holding), with great financial & marketing resources. Established in 2000, it has built a very good reputation, serving a large base of loyal clientele (Google rating of 4.7 of 5). With the support of the franchiser and a stable, well-trained staff, it is perfectly suited for entrepreneurs with or without automotive experience. Brokers welcome.
About the Business
Number of Employees:
Building Sq. Ft.:
It is a very well equipped spacious auto repair business with six bays, six lifts, alignment machine, tire changer, tire balancer, AC machine & a variety of diagnostics equipment.
Very limited competition due to zoning restrictions
Growth & Expansion:
After months of effort, the current owner successfully implemented a state safety inspection program at the end of Oct 2018, which is having an immediate impact. Once fully implemented, state inspections are expected to increase annual sales by $100,000 at a minimum. There are several other growth opportunities such as fleet accounts & Repair Pal that the new operator could pursue with the assistance of the franchise company. The current owner is a sole operator with very limited time & has been unable to implement these proven programs as of yet
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.