Asking Price: $342,000 Gross Revenue: $870,000Cash Flow: $185,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&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.
This auto body shop combines $870,000 in revenues and a great location. The firm has operated at the same location for several years and has developed a well-established customer base. With over 4,000 SF of space on a quarter acre of land, it has the capacity to do much more in sales. The business also has a used car sales license.
In addition to retail customers, the business has several commercial customers and a DRP relationship with an insurance company.
This offering is for the purchase of the auto body repair business in its entirety including equipment.
About the Business
Number of Employees:
The business property has easy customer access and ample parking. The building has multiple bays, a semi-downdraft spraybooth, a frame machine, computerized estimating system, and other equipment needed to paint and repair collision damage.
Growth & Expansion:
This shop has room to add more dollars of revenue. This shop has the attributes that insurance companies look for in an auto body shop and the capacity to add more sales. Expansion of marketing efforts and participation in DRP insurance company programs could significantly increase growth and expand revenue for the purchaser.
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.