Asking Price: $359,500 Gross Revenue: $842,774Cash Flow: $162,418 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,500 included in asking priceFF&E: $90,000 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 repair/maintenance franchise has been in operation over 10 years and has a prime location on a very highly traveled street. The shop has multiple bays and houses a great workforce close to popular retailers. These assets give the business convenient access to many customers and a great deal of continued growth potential.
About the Business
Number of Employees:
5 FT/2 PT
Facility is leased. Multiple lifts. There are 4 large bay doors (front and rear). Stand alone steel building with brick facade. Zoning is light industrial (B2). There is no opportunity for ownership however, the landlord loves having it rented and is willing to work with tenants to keep an occupant.
There are 2 or 3 other competitors in the area but none have the location or strength of this franchise.
Growth & Expansion:
Potential for growth is very strong due to location in college community and growth of the area.
Due to health issues and concerns the owners are looking to sell the business.
Will train for 4 weeks @ $0 cost. Services offered include general auto repair work. Virginia State Inspection Station license, which the new owner will have to apply for. Buyer will also need to meet the franchise requirements for ownership.
Auto Repair/Maintenance Franchise with Excellent Location
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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