Asking Price: $135,000 Gross Revenue: $510,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&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 business is an auto repair shop providing quality, competitively priced domestic and foreign service to vehicles in Olympia, Washington. The business specializes in general automotive service and repair, but the shop has the capability to complete specialty work on alignment, brakes, transmissions, engines, and custom exhausts.
Customers are currently generated by word of mouth advertising with little direct marketing or web presence. It is estimated that revenues could be increased through implementation of an optimized website & direct mail marketing program promoting preventative maintenance. The current client base has been established for approximately a decade and is drawn from throughout Thurston County.
The four-bay facility utilizes approximately 2400 square feet of commercial space on a high traffic arterial. The monthly rent for use of the space is $3779 plus triple net expense. The business is presently open Monday through Friday from 8:00 A.M. - 6:00 P.M. creating an opportunity for revenue growth by extending days of service to Saturday, a day when people working during the week have an easier ability to drop cars off and be without their vehicles for a day.
Jeffrey Bryan is the lead broker for this business at IBA. He can be contacted directly at (425) 420-0872 or email@example.com.
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