Asking Price: $340,000 Gross Revenue: $860,000Cash Flow: $111,573 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $140,000 included in asking priceFF&E: $170,000 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.
The company provides machine shop and repair services for various engine types and sells related parts. Customers include end users, other repair shops, independent do-it-yourself mechanics, automotive dealerships and major corporate accounts. Other auto repair shops and dealerships are customers because they do not have the equipment or expertise to provide the unique repair services offered by the company. Customers are based in SW Georgia, SE Alabama and throughout the Chattahoochee Valley area. Experience in the automotive industry is not required for a new owner as the company can be successfully managed and grown by an experienced business person. The experienced staff will aid in a smooth ownership transition.
Details on the unique service and parts offering of the company are available in the confidential package that will be made available to qualified buyers.
As of 6-30-19, the company is having a record year in Total Revenue and Discretionary Earnings and 2019 could be the best year in the company's history. Total sales are $407,671 and Discretionary Earnings are $80,763. The company's year-end Discretionary Earnings should surpass the original forecast of $111,573.
About the Business
Muscogee County, Georgia
Number of Employees:
Home office and sole location is a leased 8,500 sq. ft. standalone building with offices, retail parts area and service department.
The company enjoys a major competitive advantage because they offer repair services that most repair shops do not offer. The services are unique and demand for the services is strong. Customers served are as far as 50 miles from the home office.
Growth & Expansion:
There is strong growth potential for the company as the current marketing and advertising strategy includes only a website and limited radio advertising. Most new business is the result of word-of-mouth referrals. A more aggressive sales and marketing strategy would grow the business. The company’s unique parts, service and repair offerings, and reputation for top service and high quality repair work could be highlighted in sales and marketing campaigns. The addition of a full-time outside sales representative could acquire significant new accounts and the website could be enhanced to drive part sales and engine sales online. There is also an opportunity to open a new location(s) in the outer reaches of the geography served by the current sole location.
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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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