Asking Price: $119,900 Gross Revenue: $300,000Cash Flow: $70,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,500 not included in asking priceFF&E: $80,000 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 is a Neighborhood Auto & Transmission repair and service garage that is spacious with 5 work bays including diagnose and repair of any make and model of SUV or pickup trucks. This business has been at the same location for 15 years and has many repeat customers. This shop comes with a proprietary software system listing full details of all of the customers vehicle details since 2006.
About the Business
Number of Employees:
1 FT & 2 PT
Building Sq. Ft.:
Lease Rate/Sq. Ft./Yr.:
This is a stand alone 5000 square foot building with low rent being $2,300 a month in which includes cam & taxes. The waiting room has space for 8-10 people. Hours of operation are Monday thru Friday 7:30 AM till 5:00 PM and Saturdays (By Appointment) 8:00 AM till noon. This garage is located in western Chicago near O'Hare airport. Services include: Break jobs,Tune ups, Alignment, shocks & struts as well as service foreign and domestic vehicles.
The shop has an exceptional reputation for providing top quality service and repair.
Growth & Expansion:
The seller has not done any advertising as he has always enough work he can handle with his current staff. This is an opportunity for you to run specials, offer coupon mailers to attract new clients as well as give current clients specials for repeat service.
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.