Asking Price: $130,000 Gross Revenue: $361,501Cash Flow: $78,985 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed 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.
Founded 11 years ago in Will County, IL, this auto shop offers services that range from small touch ups to full restorations. Highly skilled technicians with years of experience, have a passion for cars and express genuine care for the customers and their vehicles. This establishment’s employees are committed to bringing value to each interaction while providing the highest quality service within a warm, friendly atmosphere. This well-equipped shop has been recognized by the Hagerty Network for their work, serves a multitude of repeat customers, and has gross margins over 75%. Owner is retiring but is willing to stay on as an employee for a period of time to provide a smooth transition and help the new owner establish a prosperous business.
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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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