Asking Price: $320,000 Gross Revenue: $596,668Cash Flow: $125,453 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $21,000 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 auto repair business prides itself on providing complete, full-service care for domestic and imported vehicles, including: emissions/inspections, oil changes, engine repair and tune-up, A/C and radiator repairs, brake service, battery service, and tire repair and replacement. The business has an experienced bench of technicians and a strong customer base (including a large fleet owner and local government), with a strong reputation for integrity and excellent service. Their motto is: “Honest and affordable service for every customer we serve."
THIS BUSINESS HAS BEEN PRE-QUALIFIED FOR AN SBA LOAN.
About the Business
Utah County, Utah
Number of Employees:
Building Sq. Ft.:
$3,500.00 Per Month
The current owner purchased the business in 2014 and has built it up to its current sales level by implementing improved processes and effective employee training. The owner has over 40 years’ experience in the industry, and this repair shop is a local fixture in the community, as it has been at this location more than ten years.
This business has the competitive advantage of being the largest independent repair shop in the local area, as well as providing short-term truck and trailer rental services. Primary competition comes from several auto dealerships in the local vicinity as well as two tire stores that provide some auto repairs as well. However, none of the competitors are able to provide the full-service of this business.
Growth & Expansion:
This area is currently experiencing significant growth in commercial & retail businesses, which would increase foot traffic and business. The competitive advantage of this business is the ability to provide full-service repairs. The ability to increase advertising and on-line marketing strategies will also contribute to increased sales.
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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