Asking Price: $519,000 Gross Revenue: $912,873Cash Flow: $207,171 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $140,000 included in asking priceReal Estate: Not Disclosed Share 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.
Auto Collision - Same Owner for 43 yrs. Very low down payment. This owner is finally ready to retire. He is offer a spacious 3,000 sq. ft. shop that is fully equipped. They have 2 frame machines, a fully up-to-code, vented, 50x60 spray booth, and much more. There is space for over 8 cars inside the facility plus an additional 11-12 cars in the gated yard. In fact there are unused offices upstairs as well. Business has been very steady over the past 5 years with gross sales of over $912,873.00 and a cash flow of approx. $207,171.00. THAT DOES NOT INCLUDE substantial additional sales from a town towing contract and work with state offices. These can be discussed in person. The space has a great lease with an out-of-state landlord. There are 8 years remaining with 3% annual increases (plus at least a 5 yr. option to be added for a qualified buyer) at a monthly rent of only $5,000/mth. (incl. taxes). That is under market for the area. 80-85% of the business is insurance work. The owner does virtually no advertising and has no debt. There is great upside for an experienced operator. We are seeking a serious and financially qualified buyer with at least $209K in liquid funds to cover the downpayment and $10K in rent security. To learn more, please call or email Mel Vaz today. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!
Well Established Auto Collision in Suffolk County, NY - 31850
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