This is a Top Brand with an incredibly GOOD reputation and unprecedented NATIONAL recognition. The business provides a great lifestyle with family-friendly operating hours, typically M-F (Saturdays vary). The company specializes in Complete Car Care, including transmissions, brakes, electrical, tune-ups, oil-changes, etc. The center is situated in a modern well-maintained facility with state-of-the-art diagnostic equipment; Approx. 6500 sf., 8 Bays. Located in a high traffic, high visibility area with easy access from a busy street.
APPRAISED PRICE: The owner had a WALL STREET LEVEL APPRAISAL completed on the business. Wells Fargo, US Bank, Radius Bank, CIBIC Bank and about 200 other major banks use this valuation firm to do their own internal appraisals for their underwriter teams. The point is – we crunched the numbers and this is a solid appraisal.
*POSSIBLE DEAL STRUCTURE AND RETURN ON YOUR INVESTMENT (ROI):
· Projected ROI of 41% (Return on Investment)
· Total purchase price: $1,678,000 (*Appraised Price)
· Down payment: $336,000 (20%)
· Current SDE (cash flow of the business/what the business makes in earnings): $542,886 (Cash Flow and Sales are 2026 Projections*.)
· Amount financed: $ 1,342,000
· Debt service per year (annual note payment): $ 206,184 (10 years at 9.25% apprx.)
· SDE less debt service: $336,702
· Assume - New owner to pull $200,000 a year out of the business in wages.
· Remaining SDE (cash flow) AFTER owner wages and paying annual debt service: $136,702. So even AFTER paying your debt service and taking out $200k in a wage, you should still have $136,702 to do with as you wish, pay down the debt early, take it out in total wages, or go to Vegas!
· Your Return on Investment: 41%....Annual return of investment on your injected capital/down payment each year. A great year in the stock market would be 15% to 20% and the average is about 7%.
· This scenario does not include working capital and DOES assume you take over a key position in the business that will usually require you to be there around 30 to 40hrs a week. You can normally secure the working capital as a line of credit from the bank as part of your loan structure.
· Important: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisors opinion and are comfortable with the presented numbers from the seller.
GREAT HIGHLIGHTS:
• Originally Established in 2001
• Trained technicians in place
• Manager In Place
• Clean, Well-Maintained Shop
• State Of The Art Diagnostic Equipment
• Parts, Inventory, Supplies
• You Do Not Need Any Experience In The Automotive Industry
• Incredible (4 week training program) Is Provided By The Franchisor
• Family-Friendly, Flexible Hours
• Owners Do Not Work On Cars
• Owners Are Senior Decision Makers
• This Is One Of Very Few Recession Resistant Businesses
• High Repair Ticket Orders
• High Quality Employees
• Low Inventory
• Low Number Of Employees
Non-Disclosure Agreement/NDA is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place.