Asking Price: $1,450,000 Gross Revenue: $400,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $30,000 included in asking priceFF&E: $180,000 included in asking priceReal Estate: $1,100,000 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.
Profitable automotive business with real estate included. The Auto Shop has been in business for 50 years. Current owner has owned & operated the shop for the last 23 years. Over the years Sky Valley Auto has created a loyal following of customers from Monroe, Sultan, Start Up and Gold Bar. With all the new construction in Monroe and Sultan the business is sure to increase. Currently the shop is booked out at least a month in advance. Sky Valley Auto has started to do restoration of vehicles. This has been a profitable addition to the shop. The shop has the equipment to fix almost anything on most vehicles with the exception of bodywork and paint.
Seller is willing to carry a small contract for the shop. Contact Broker for more details.
Shop has two 2 bedroom apartments above the shop that have been easy to rent. Current rents are $900/month and $1000/month. The apartments are 900 SF and 1000 SF.
The seller poured foundation walls in the back of the building when the shop was expanded in 2011. If the new owner is looking to expand the beginning stages are ready to go.
About the Business
Number of Employees:
Building Sq. Ft.:
Large facility with 3 bay doors, side yard, 7 hoists, everything you need to have a successful auto shop. Two 2 bedroom apartment units above the shop that are easily rented.
Limited competition in town. 2 other auto shops. Located only 6 miles from Monroe. Popular place. Many locals have their vehicles serviced here
Growth & Expansion:
Sultan is experiencing a growth spurt. 500+ new home permits. The town is expanding. Owner currently has a 2 week back log of work. Very popular and established auto shop. Room to expand the business.
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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
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