Asking Price: $625,000 Gross Revenue: $980,000Cash Flow: $242,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $40,000 included in asking priceFF&E: $87,000 included in asking priceReal Estate: $650,000 not 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.
This is an independently owned and operated franchise location that has been operating for approximately 32 years and over the last three years has generated average revenues and owner cash flow of $980,000 and $242,000 respectively. The business is also licensed to sell used autos. Franchise agreement will terminate in 2019 with an option for the new owner to renew or operate independently. Located in a busy area which has proven to be a good draw for customers. This acquisition is an excellent opportunity for any company in a related or similar business or an individual(s) that wishes to operate their own business and that have strong executive business skills.
About the Business
Number of Employees:
Building Sq. Ft.:
6200 sf with 4 bay garage and office space in very good condition. 6 lifts including a 30,000 lb. drive-on truck lift. Available for sale or lease.
Few auto repair businesses in the area offer the same level of services including transmission repair. The company also has an A+ rating from the Better Business Bureau.
Growth & Expansion:
The franchisor has other auto related services that could be incorporated into this business. The company is also licensed to sell used autos which they have not pursued to date.
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
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