Asking Price: $2,400,000 Gross Revenue: $1,360,300Cash Flow: $411,894 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Major Tire Franchise Auto Repair and Property with "shovel ready" plans for adjacent car wash.
This family owned and operated business has been the premier automotive service and tire company in the area for 48 years.
Revenue: 90% repairs / 10% tires.
The store has a list of 8,000 customers
ASA and ASE-certified auto mechanics expected to stay on with new ownership.
A variety of automotive repair services handled from brakes, diagnostics, and electrical system repairs, to wheel alignments, preventive maintenance, tires, tinting- all aspects of vehicle maintenance.
Also servicing diesel engine systems and hybrid vehicles.
Recent improvements have been made to the business, including: new lifts and new HVAC system.
There are several large 55+ over communities in close proximity that have over 3.000 homes. The opportunity to service these customers and increase revenue is outstanding.
Prime commercial real estate is included in sale price. LOW property taxes.
All approvals and plans are in place to build more bays and a car wash.
Seller will offer buyer long term lease with option to buy every 5 years if only business is purchased.
Package/business financials available after NDA/buyer proof of funds
We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or call us: email@example.com - 201-745-3976
About the Business
Ocean County, New Jersey
Growth & Expansion:
Extending hours into the evening and opening on Sunday would increase sales immediately. . The opportunity to service the adult communities in the surrounding area is outstanding.
Major Tire Franchise Auto Repair w/ Property- Approved Car Wash Plans
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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