Asking Price: $750,000 Gross Revenue: $627,066Cash Flow: $82,261 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $25,000 included in asking priceFF&E: $40,000 included in asking priceReal Estate: $450,000 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.
This unique company is an efficient and reliable source for automobile oil and lubrication services that has been serving their community for 30 years. During this time the business has put systems and people in place that have kept the sales growing and the customer base coming back. With a great location and room to grow this is an exciting opportunity.
About the Business
Number of Employees:
Building Sq. Ft.:
This custom facility is very strategically located next to a very highly traveled highway surrounded by residential neighborhoods and many commercial businesses. Well equipped with everything needed to service multiple automobiles quickly, store needed parts/inventory, provide office space and comfortable area for customers. The building, property and contents have been well maintained and updated. The facility is clean, organized and it is obvious the owners pay a lot of attention to detail.
There are competitors in the auto repair space but this business has a unique niche with their speed of specialized services, convenient location and loyal customer base built with 30 years in the market.
Growth & Expansion:
The business has seen growth each of the last 3 years and there is no reason to think that will change.
Owner has had some health related issues and has reached retirement age.
Will train for 4 weeks @ no cost Services offered include oil, filter and transmission fluid changes as well as tire rotations. An understanding of light auto mechanics, business administration and business bookkeeping would be beneficial. The business has to be registered with the state, the state corporation commission and the Virginia Employment Commission. A Federal ID# and county business license must also be obtained.
Growing, Profitable, Clean Oil Change and Quick Lube
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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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