Asking Price: $225,000 Gross Revenue: $535,784Cash Flow: $146,815 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
This is a ideal opportunity for a younger mechanic who wants to be their own boss by owning their own business. Since 2007 the owner and long term employees of this well known and customer friendly premier auto center has provided superior Service, Value, and Integrity to the owners of both domestic and foreign vehicles.
About the Business
Middlesex County, New Jersey
Number of Employees:
Location, Location, Location. This profitable business' very desirable location enjoys outstanding highway access, visibility, along with ample off-street parking. Their loyal customers (94% return rate), depend on and receive quality repairs and excellent service.
The auto repair industry is mostly recession proof and can be very profitable, if the owner treats their valued customers and employees right. It's a competitive business, but trust and competence are huge issues in auto repair. The upside is when customers find someone they can trust, who treats them fairly, and does a competent job on repairs. Those customers are usually very loyal to that repair shop.
Growth & Expansion:
Auto repair is somewhat of a cash business with good repeat business. Very little seasonality and consistent revenues year over year.
Will train for 1 week / $500 cost. Most buyers who come to purchase an auto repair shop do not have previous experience. Owners don't need a college degree to be successful in this industry. You don't need to get your hands dirty to be successful. This business has a well trained team of certified technicians who provide the following services for all makes and models of both domestic and foreign vehicle's.
Services include: Complete Engine Services Preventive Maintenance Manufacture's Schedule Maintenance AC & Heating System Repair & Recharge Complete Brake Service Suspension Service Axle / CV Joint Repair Complete Radiator Service Complete Tire Services A standard New Jersey business license is required.
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.