Asking Price: $266,000 Gross Revenue: $739,714Cash Flow: $156,754 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $55,000 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.
Price just reduced $266,000, a 1.69 times earnings ratio which is well below markert value. SBA approved. This business is located on one of the fastest growing area in the Tampa Bay area. 3238sq ft with full service 5 lifts. Clean shop and modern state of the art lobby and customer waiting area. Has top of the line equipment and ASE Technicians in place that can help, assist and direct the new owner(s) of the business. NAPA Auto Care Center, which provides a nationwide warranty. Has an above average/outstanding online reputation with Google and other Customer reviews. Currently has 3518 customer base with repeat business. Sellers anxious to sell and retire. The ad picture is NOT a picture of the business, it is a generic picture.
About the Business
Number of Employees:
Building Sq. Ft.:
$6,918.80 Per Month
3238 sq feet, clean, located as part of a shopping plaza. 2 years remaining on the current lease and building management has stated that the new owner(s) would be able to get an extension beyond that time frame.
Strong due to a new shopping mall that creates a lot of traffic.
Growth & Expansion:
Asking price is 1.69 times earnings, well below market value. Gross revenue and net profits can be increased by being open on Saturdays and not closing 2 weeks per year!
Automotive Repair Shop in the Tampa Bay area, SBA approved
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.