Asking Price: $500,000 Gross Revenue: $5,300,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $500,000 included in asking priceReal Estate: $1,600,000 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.
Owner has other business entities and not enough time for a dealership, thus he is selling it for basic net values.
Realistic upward performance potential as identified by both Manufacturers. Operating at well below its assigned market potential for both Brands. Also Fixed Operations coverage running at 42% vs. industry standard of 75%. Store has a very profitable history and MUCH potential with the right amount of energy and a focused new owner should be able to generate an exponentially upward bottom line.
Located with easy access to other major markets in addition to its primary assigned market place.
PLEASE READ CAREFULLY: Due to the pricing for this offering it is certain to generate a substantial amount of responses, which are greatly appreciated. It is important to note that both Manufacturers have general guidelines defined for a new owner's consideration which I will be glad to provide to you either over the phone or via email.
*NOTE* Current owner wants to sell the Real Estate, asking $1.6M(copy of recent appraisal available) and Business Assets, Equipment, FFE, etc., $500G. He will only sell both together - might consider a lease with option to purchase on the R/E for a very well qualified buyer. Subject to more detailed agreements between both parties.
Also a comprehensive Investment Summary and Presentation package is available to assist with the decision making process. It will require a signed Non-Disclosure form prior to receiving all the detailed information on this exceptional offering.
About the Business
Building Sq. Ft.:
The site is a total of just under 4 acres. The property's primary improvements includes just under 17,000 square foot automotive sales and service building. A recent appraisal contains more detail upon request.
All facilities and building are clean and continued use for next owner.
Established market and a long term presences as defined by both manufacturers.
Growth & Expansion:
Both Manufacturers market performance reports have identified a significant sales and service growth improvement opportunity for a couple of the new car/truck also used car and truck sales which will result in even greater bottom line profitability with minimal effort in both Sales and Service.
Brad Bickle @ Tim Lamb Group - Dual Domestic - Popular Brands
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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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