Asking Price: $749,000 Gross Revenue: $430,465Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed 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.
Same ownership since 1975, this mechanical and collision auto shop is a community staple. A customer base comes from all over the region because of the trust that has been established in the area for doing things the right way. The business includes real estate with a fenced-in property located on a very busy road that traffics over 14K cars daily.
The mechanical and body shops (housed in separate garages) represent the core revenue generated for the business. There are numerous lifts, 10+ bays, security system and an office area. Additionally a state-of-the-art paint room (24 x 15) for cars to pull in + a paint supply room and restoration of cars also contributes to the bottom line. A solid and loyal team is in place for a smooth transition to new ownership.
About the Business
Number of Employees:
Building Sq. Ft.:
Property is on an acre and a 9,000 sq ft buildings that house an office and waiting area along with two garages and 13 bays.
There are other auto repair shops in the area but few if any have this company’s reputation and long-standing management and trust developed in the community.
Growth & Expansion:
The owners were doing close to $1 million in sales at their high point. This business can be built back up as there is adequate space in the garages along with implementing a marketing plan to target more customers. Word of mouth is the only marketing tool currently.
Reduced - Established Mechanical and Collision Auto Shop
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or stake in the sale of this business and has not verified any of the information
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