High Volume Service/Gas Station in Great Section of Virginia Beach

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Asking Price:
$1,495,000

Gross Revenue:
$2,070,066
Cash Flow:
$485,859
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$43,377
not included in asking price

FF&E:
$387,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Established Auto Repair and Gas Facility - Lender Pre-qualified! This well established seven-bay auto center offers total car care including brakes, oil changes, custom exhaust, scheduled maintenance, tires, steering and suspension services. A very profitable operation including fuel sales, the station is fully equipped with the latest in diagnostic equipment, lifts and all of the standard repair equipment including alignment, flush systems and heavy duty service capabilities. Stocked inventory for all standard services, the business is complemented with experienced and loyal employees and located in a very desirable area in Virginia Beach. Included in the business purchase is their customer data base made up of over 1,000 past and present customers. Sales for the past three years have consistently hovered in the $2.0M mark annually generating approximately $500,000 in cash flow. The property is owned by the sellers and they are offering a lease at $10,000 per month which is currently accounted for in the financials. In addition, they will offer an opportunity to enter into a lease to purchase agreement for the property.

About the Business

Year Established:
1993
Number of Employees:
8 FT/15 PT
Growth & Expansion:
Potential for growth.
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About the Sale

Reason For Selling:
Other Business Interests.
Training/Support:
Will train for 2 weeks @ $0 cost.
Seller Financing:
Lender pre-screened with $448,500 down.

Listing Info

ID:
1502460
Ad Detail Views:
850

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months
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Business Listed by

Frank Chebalo, CBI, ABI, CMSBB, CBC

Murphy Business & Financial Corporation

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U.S. Census Data for Virginia Beach city County, VA
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Virginia Beach city County, VA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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Report an Issue 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 full Terms & Conditions.
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