Asking Price: $725,000 Gross Revenue: $731,683Cash Flow: $191,277 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $12,500 included in asking priceFF&E: $125,000 included in asking priceReal Estate: $350,000 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.
If you have always wanted to own your own auto repair business, we have an exceptional opportunity and value for your consideration. If you have wanted to live in the wonderful mountains of Tennessee but needed ready income in order to make the move, look no further.
This business has a twenty year record of exceptional service and has built a large, loyal customer base. Business Reference Guide (BRG) states "Most customers will be loyal to any auto repair center that provides reliable service in a reasonable amount of time. People like knowing who they're trusting their vehicle to, and repair shops that can provide that personal touch should always be in demand." This one excels on that criteria!
BRG goes on to state "A new owner with customer service and people skills can still get into this industry if they have good technicians to help diagnose problems with customers' vehicles. Lots of industry information out there to help new buyers get trained.This industry is mostly recession proof and be very profitable if you treat customers and employees right." So what are you waiting for? Read on and then complete the NDA in order to receive details prospectus.
About the Business
Number of Employees:
Building Sq. Ft.:
4,400 square foot building with office area in front and seven service bays on side and rear. Located on two parcels of property with commercial frontage and side road ingress and egress. More details provided in prospectus.
Some but none in its class. More details provided upon receipt of NDA.
Growth & Expansion:
Large property size allows for additional revenue generating services, such as alignment and/or quick change oil and lube.
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.