Asking Price: $249,000 Gross Revenue: $716,731Cash Flow: $176,685 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,500 included in asking priceFF&E: Not Disclosed 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 profitable repair shop has been servicing East Bay cars and trucks for nearly 50 years. The current owner bought it in the ‘70’s and is ready to retire. The business has built up a loyal following over the years and has several accounts including a used car dealership. Parts are ordered online and delivered daily so inventory is kept to a minimum. The business uses All Data, Info Max and Indentifix software which keep the operation running smoothly. This would be a great opportunity for a mechanic looking for his own place. The shop is centrally located, has a great reputation and very reasonable rent. The business has been pre-approved for SBA financing with $60,000 down.
About the Business
Alameda County, California
Number of Employees:
Building Sq. Ft.:
$2,600.00 Per Month
Premises has two separate shops. Both are approximately 4,500 sq. ft. A new three year lease and three year option is available. The landlord may consider selling the property.
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
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