Asking Price: $998,000 Gross Revenue: $1,503,000Cash Flow: $328,055 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $13,821 included in asking priceFF&E: $129,854 included in asking priceReal Estate: Not Disclosed Share 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.
GREAT OPPORTUNITY to make a substantial salary as soon as you take the keys (over $250,000).The owners built their business from the ground up to a large, successful enterprise using community and family-based principles that place the customer first. With a solid business base which is fed by significant repeat and referral activity, this business is positioned for success well into the future. The profitable revenue is due to a well run business with manageable expenses and rent . Given the minimal advertising/marketing efforts to date, there is solid upside potential for further growth.
About the Business
Number of Employees:
8 FT/2 PT
This repair shop has 5+ bays and 10+ lifts, fully stocked with operational tools. The shop is organized, clean and well-managed. Located in the heart of a safe, vibrant commercial and residential area and centrally located to major highway arteries. The facility is extraordinarily well positioned for easy access. The facility lease has two remaining 5-year extension options. Assignment requires Landlord approval.
Moderate to high competitive environment in a thriving locale. This business has excelled by setting itself apart as the community's fair and honest automotive experts. With unwavering focus on the customer over the course of nearly two decades, these owners have developed a sustainable, dependable customer base with minimal advertising/marketing.
Growth & Expansion:
Expansion potential for additional sites. Many solid, growing communities in the business region and great growth to date with minimal advertising/marketing efforts.
High OWNER INCOME- Auto Repair Shop. Lender Pre-qualified.
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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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