Asking Price: $1,800,000 Gross Revenue: $1,998,797Cash Flow: $899,672EBITDA: $850,000Inventory: Not Disclosed FF&E: Not Disclosed 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.
Extremely profitable auto body collision repair center business for sale in the Pittsburgh, PA region. After over thirty years of ownership, the owner is ready to retire. This business had revenue in 2018 of almost two million dollars and had a seller’s discretionary earnings of almost nine hundred thousand dollars. This business continues to thrive without having any Direct Repair Program (DRP) Contracts with insurance companies. Some collision centers are dominated by the insurance companies and the contracts are not assumable by buyers. A new owner can apply for DRP with insurance companies in the process of growing the business. This business not only services automobiles, but also services large trucks and tractor trailers. They have the equipment, space and paint booth to accommodate tractor trailers and other large vehicles. The current owner of the business is an owner/operator and is working in the business on a daily bases. He focusses most of his time on sales and assisting with the estimating of potential work. The owner will provide a training and transition period for a new owner. This is a great opportunity for an individual buyer (Financial Buyer) who is looking for a solid business. It is also a great opportunity for a Strategic Buyer who is already in the industry and is looking to grow through acquisition. For additional information, please call Dave Ball at 412.380.0590 or send an email to email@example.com.
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