Asking Price: $1,919,600 Gross Revenue: $1,242,494Cash Flow: $371,098 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $27,000 not included in asking priceFF&E: Not Disclosed Real 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 business has a reputation of honest and fair dealings while providing quality work, exceptional customer service and paying attention to detail. This company generates revenues from the high margin vehicle maintenance services and from general automotive and light truck repairs. This recession resistant business did not miss a beat during the last turn down in the economy. This is a great opportunity for the discerning business buyer who from day one expects a very good return on his investment.
About the Business
Number of Employees:
This business is housed in a 3,300 square foot full service auto repair facility with eight service bays.
Growth & Expansion:
With the number of cars and light trucks on the road steadily increasing each year and the vehicle owners keeping their cars longer the need for automotive services should continue to grow. An owner with a well-planned marketing and advertising plan should be able to take advantage of these trends to increase revenues and profits. This is an opportunity for a new owner to take advantage of the hard work and investment the Seller has put into this business and take it to the next level.
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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