Asking Price: $1,896,000 Gross Revenue: $2,020,053Cash Flow: $356,701 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $161,175 included in asking priceFF&E: $235,950 included in asking priceReal Estate: $1,100,000 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.
For almost 20 years, this full-service auto repair facility has served thousands of customers from all over Central Virginia. Its well deserved reputation for excellence stems from an attractive, modern facility, down-home sales approach and top-notch customer service. Services include everything from preventive maintenance and state inspections to complex drive-ability and computer-related repairs. They are known for doing jobs that others just can't do!
This business consistently generates over $2MM in gross sales and over $200K in discretionary earnings! Purchase price includes the operating business and inventory, as well as the building and almost 3 acres of B-1 commercial property.
This attractive, high-visibility facility is prominently located along THE main thoroughfare with a traffic count of over 18,000 vehicles per day. With 8 service bays and all of the equipment you would expect in a modern facility, this shop services an average of 100 vehicles per week, both personal and commercial.
This is a unique opportunity to own a thriving, turn-key business in a modern, purpose-built facility in a fast-growing area of Central Virginia! This transaction has been pre-approved for third party financing for a well-qualified buyer. Further details will be provided upon receipt of signed Buyer's Package.
About the Business
Number of Employees:
7 FT/1 PT
10,500 sq ft facility includes 8 fully-equipped service bays, a 3000 sq ft showroom and customer waiting area, ample parking and a large fenced-in rear lot with outdoor storage capacity.
NOTE: Real Estate transaction will be managed by Whittle & Roper Real Estate.
There is very little competition in the immediate area. This business easily draws customers from neighboring markets due to location and complimentary service offerings. Many customers see this shop as an alternative to dealership service, offering comparable services at lower prices.
Growth & Expansion:
There is ample opportunity for business growth, particularly in tire sales and additional fleet services. A strong social media program could be adapted to further promote the business. The surrounding area continues to grow with new high-end residential communities and this is already driving an increase in business.
Full Service Auto Repair Business - Includes Real Estate
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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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