Asking Price: $149,000 Gross Revenue: $474,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $75,000 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.
High end auto service and repair on one of Sarasota's busiest, high traffic, high visibility streets.This Auto Business has been in the same location for twenty years. In 2016, when the current owners bought it to get their E2 Visa, it was doing $1.7 million in Sales which included Car Sales & Repairs. Sellers have made the decision to move back overseas due to personal family emergency. THEY NEED OUT ASAP!!They are taking a large LOSS at $149 K just to SELL and move on.Average monthly Sales for Jan,Feb and March 2019 was $63,000 per month.This is an ASSET SALE and not based on Books & Records. QUICK SALE required. Please be ready to provide Broker proof of funds and sign an NDA as there is no time to waste here.SOME SELLER FINANCE!! This DEAL can CLOSE in 2 Weeks with the right Buyer.
About the Business
Number of Employees:
Building Sq. Ft.:
$5,350.00 Per Month
This is about 5 -6 bays 4500 sq ft+/- with rear lot for car storage.
This operation has a niche as they focus on specialty car repairs.Many of the same customers have been going there for years.
Growth & Expansion:
For many years the prior owners did over $1 million is Car Sales.Current owners never promoted Auto Sales since they took over in 2016.A new Buyer could add Car Sales and grow the business to what it was previously doing.
Moving Back To Europe May 31!family Emergency!!must Sell Asap!
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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