Asking Price: $449,000 Gross Revenue: $1,110,186Cash Flow: $230,515 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $30,000 included in asking priceFF&E: $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.
This national car care franchise offers a full array of automobile services. The franchisor has a great retail strategy, recognizable name brand and is trusted for quality and reliability in the automotive repair business. Their buying power and national network of approved vendors, manufactures and suppliers keep cost to a minimum and quality high.
The franchisor will provide detailed modern training for the new owner that teaches the technical and management skills to successfully operate the business. The Buyer does not need automotive experience. The shop is located in a busy industrial area with ample parking. It has skilled technicians and comes fully equipped with all the necessary tools to service any automotive need.
The auto after-market industry continues to grow, and with the downsizing of dealerships, and consumers keeping their cars longer, this franchise is prepared for continued growth.
National Auto Repair Franchise Shop - Northern New Jersey
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