Great opportunity to own an established Automotive Business with instant cash flow and very profitable. Located in the heart of Tulsa with a 27 + year history of serving the local community. We have been on the BBB's honor role with an A+ rating for the last 25 years and have the repeat customer base needed to be successful. Our service center is a AC Delco and Bumper to Bumper Certified center that only employs ASE certified Technicians. Our facility is 5500 square feet with 9 service bays overhead doors and 1 storage bay door, showroom and inventory space, we operate in a clean and friendly environment. There will always be a great need and earning potential in the Independent Automotive Industry. The business is currently open 5 days per week and the opportunity for growth and expansion is wide open. This untapped midtown area would be great for the addition of tire sales and lube service. This is an excellent opportunity for someone to take over and hit the ground running with a instant cash flowing, profitable turn key operation.
About the Business
Number of Employees:
Building Sq. Ft.:
$4,500.00 Per Month
5500 Sq. Ft Building, 5 front facing overhead bay doors, 5 rear facing bay doors. Large fenced area with one electric gate and one manual gate which includes a large 70' X 25' covered and very secured area. Approximately 4000 sq. ft. of shop and 1800 sq. ft. of office/showroom/storage area.
Located on historic Route 66 this area is highly desirable and most recently heavily invested in. With lots of new businesses and The University of Tulsa down the street, downtown being only 3 miles away the future possibilities are endless.
Growth & Expansion:
LOCATION. LOCATION. LOCATION! With the location and size of property and the addition of other services the opportunity for growth is endless.
Retiring after 40 years of Automotive Services in Tulsa.
Owner retiring and available for full consulting support for the next 6 months. Being a Certified Repair Center we area affiliated with mostly free training and seminar classes to both the Technicians and the shop owners.
Possible with 50% down and lease purchase option on property
Ad Detail Views:
Asking Price: $425,000 Gross Revenue: $890,000Cash Flow: $67,000EBITDA: $128,000Inventory: $46,000 not included in asking priceFF&E: $129,000 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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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
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