Asking Price: $395,000 Gross Revenue: $580,000Cash Flow: $69,681EBITDA: $82,400Inventory: $8,000 not included in asking priceFF&E: $25,000 included in asking priceReal Estate: $350,000 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.
Well established and profitable. This business has 44 yrs of loyal customers. Owner of many years retiring. 3 service bays on just under 1/2 Ac. Situated just one block off major interstate for great visibility with semaphore for easy access.
Currently shop just completes oil changes and light mechanical work but is large enough for any and all repairs. Open just 5 days a week from 6:00 AM -5:00 PM Mon-Fri so there is a huge upside for future growth. Set up your private showing today you be glad you did. Hurry !!!
About the Business
Columbia Heights, Minnesota
Number of Employees:
Building Sq. Ft.:
This is a turn key sale. Includes all of the equipment with the exception of personal tools of Mechanics. Store is very well equipped. 3 service bays and parking for approx 20 cars. Car counts are in excess of 25,000 per day through the semaphore. Incredible visibility.
There are other service shops in the area however this one has a loyal customer following dating back 44 yrs. New owner with new enthusiasm and just by increasing hours just one day a week would make a significant improvement on sales. Current owner is ready to retire and operates on a Ad budget of less than 100.00 per year
Growth & Expansion:
The prospects for growth in this business at this location is very promising.
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