Asking Price: $119,000 Gross Revenue: $700,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $150,000 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.
Part of a leader in automotive repair for over half a century, this Established Automotive Repair Franchise was started over 20 years ago, and has serviced the local community with a quality transmission and complete automotive repair. In 2015 the new owner purchased the company and set out to grow the business.
They have recently updated the shop in anticipation of continued growth from an expanded fleet service program.
Completion of Non-Disclosure Agreement, copy of photo identification and Buyer's Worksheet required for more detailed information.
About the Business
Saint Petersburg, Florida
Number of Employees:
Building Sq. Ft.:
One of the busiest intersections in St Petersburg. Over 4,800 ft of clean, well ventilated space. Approximately 4,000 ft is shop space with an additional 800 ft of air conditioned office and customer waiting area and restrooms. Lots of parking for customers and employees.
There are other automotive repair facilities in the area but few can compete with this Great Automotive Repair Franchise’s combination of: brand recognition, daily traffic & area development!
This Established Automotive Repair Franchise is uniquely positioned to take advantage of not only specialized and lucrative transmission repair but general car care as well. This allows the owner to adjust the customer mix as market demands dictate.
Growth & Expansion:
Create your own local marketing plan and grow. This Established Automotive Repair Franchise has been a leader in Print, TV, and Radio advertising. There are, however, so many more ways to market the business. Sponsor a local sports team. Become involved in the local community, targeted marketing to the many commercial fleet customers in this growing area, get involved in the local business community…
There is plenty you can do to grow this already great business.
Family illness out of the country reluctantly forces the sale.
Training and support will be provided for two weeks and is included in the sale. Additionally, the franchisor has created a state-of-the-art education and training center and owners receive more than 250 hours of training, as well as more than 200 hours of online coursework.
St Pete FL-Established Profitable Automotive Repair Franchise-#0200
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