I sell Auto Repair Shops in San Antonio and Austin - more deals at www.saltminebiz.com
Asking Price: $445,000 Gross Revenue: $240,000Cash Flow: $70,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $13,000 included in asking priceReal Estate: $445,000 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.
The business has operated profitably as an auto repair facility for many years. The current owner has owned the business for 30+ years. The owner would like to sell the business and the property as a package.
They are a general automotive repair shop. They don't work on diesels or transmissions but do pretty much everything else. The owner works on cars and there is one employee. The employee manages the office and works on cars with roughly half his time devoted to each activity. The employee is likely to stay on with the new owner.
The cash flow is $70k. This number is off the tax return. There is no rent built into the cash flow calculation. It's a great business but the real value is the location. Very high visibility and easy access to I-10. The seller will sell the property or lease the property for $2,995 per month base rent. Property taxes were $3,784 in 2017 so that adds about $300 per month to the base rent. Tenant also responsible for insurance and general maintenance.
I know about many auto repair shops that are for sale but might not be advertised. Check out www.saltminebiz.com for information on how I can help you find just the right shop.
About the Business
Number of Employees:
Building Sq. Ft.:
The property is a 2,500 SF +/- facility that sits on about a 1/4 acre. Very high visibility and easy access to I-10.
The main draw for this opportunity is the location. There are very spots in San Antonio that have this kind of visibility.
Growth & Expansion:
A little advertising and sprucing up the building a little bit could make a real big difference.
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the seller or a business broker representing the seller. BizQuest has no interest
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