Highly Profitable Car & Truck Repair Services
Not Disclosed, NJ Monmouth County
Seller's Contact Information
- RE: Highly Profitable Car & Truck Repair Services
- Contact: Karin Neumann
Quick Facts
| Asking Price: | $560,000 | |
| Annual Revenue: | $1,600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $250,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $350,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 50 | |
| Employees: | 10 | |
| BBN Listing #: | 41266267 | |
| Broker Reference #: | 1492-2109 |
Business Overview:
This well-known Car & Truck Repair Firm has provided reliable and expert ASE Certified repair services to the Monmouth County New Jersey community for over 50 years. The Company has experienced stable revenue performance and enjoys high operating margins with documented profitability. The Firm has a strong roster of commercial fleet accounts which represent over 75% of ongoing revenue.
The Company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.9x EBITDA (2022). A full valuation report is included and there is $50,000 in Net Working Capital plus $350,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner-operator will obtain more than $125k benefit in after- acquisition-debt cash flow or 110% ROI in Year #1.
(ALL DATA BASED ON SIGNED TAX RETURNS)
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Property Features and Assets:
12,000 Square Feet with 14 Bays 1 Acre Lot.
Market Competition and Expansion:
The Company enjoys a competitive advantage by leveraging its talented workforce and state-of-the-art equipment to provide its client base with exceptional customer service and fair pricing – stability and growth have been the result. This is a turnkey operation with experienced management and ASE Certified technicians in place. It is projected that a new owner will obtain compelling additional growth by expanding the direct sales efforts (obtaining additional fleet accounts) with a minimal investment of $50k to $100k per year. The Company projects an accelerated revenue growth rate under such premise of 25% to 35% per year.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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