Asking Price: $199,500 Gross Revenue: $240,059Cash Flow: $100,218 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,500 included in asking priceFF&E: $56,000 included in asking priceReal Estate: $249,000 not 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.
Specialty Automotive Repair - Providing over 55 years of quality service, this highly respected and well maintained full-service automotive repair shop primarily services high-end foreign model vehicles. With no active advertising, this business brings in customers based solely on its reputation. The real estate for this business, valued at $249,000 (subject to appraisal) is to be purchased with the business and is included in the total asking price of $448,500. This business currently operates with two vehicle lifts and there is opportunity for expansion into the adjacent property. The adjacent real estate is optionally available for purchase at $314,000, but will not be sold separate from the business. Owners retiring. July 2018 YTD Gross Sales have increased over 34% compared to the same period in 2017. Contact Scott Densmore. Scott@fbb.com www.fbb.com
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