The company has a loyal well established customer base. There are ways to expand and grow the business that the current ownership is unwilling to do. The current owners have additional suggestions to help expand the business, for more information contact Bressler Ventures LLC.
About the Business
Number of Employees:
Building Sq. Ft.:
Excellent location as its on a high traffic road in the city that many drive by every day to and from their work. The shop has nine work bays, seven for cars and two for trucks, an alignment machine, a wide range of diagnostic equipment and parts inventory that are included in sales price.
The building and land are owned by the current owners and is leased to the business. The current rent is Fair market Value for the facility and will remain the same for a new owner. There will be no change in the current rent costs from what the current owner is paying. The shop has 7 bays for cars and 2 for trucks.
Due to the outstanding reputation and quality service the current owners do very little in the way of advertising. The business receives many referrals from its satisfied customers. This has created a steady stream of business. The company has NO marketing staff, what an opportunity!
Growth & Expansion:
Customer trust is the Niche. Their customers know the repairs will be completed only when needed. They receive many referrals from their customers who recommend this highly rated automotive repair business. They can diagnose and repair the tough jobs that competitors can not. Highly trained automotive technicians and service writers have access to the latest automotive diagnostic software and equipment. The business has a great location on a high traffic street that is surrounded by upscale neighborhoods.
Asking Price: $525,000 Gross Revenue: $800,000Cash Flow: $202,000EBITDA: $202,000Inventory: $6,000 included in asking priceFF&E: $80,000 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.
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