NOT DISCLOSED, New Jersey
| Asking Price |
$2,280,000 |
Year Established |
2015 |
|
| Annual Revenue |
$4,100,000 |
Reason for Selling |
Retirement (consulting available) |
|
| Annual P/L |
$0 |
Attention |
Karin Neumann |
|
| Annual Cash Flow |
$700,000 |
Listing Number |
1018843 |
|
| # of Employees |
16 |
Business Category |
Automotive & Boats: Auto & Truck Repair & Service |
|
Business Overview:
This well-known and highly profitable Automotive Repair and Maintenance Company operates two locations in Central New Jersey. The firm enjoys significant operating margins and documented profitability with sales regionally.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.2 x EBITDA (ttm). A full valuation report is included and there is $14,000 Net Working Capital and another $284,000 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 close to $380,000 benefit in after-acquisition-debt cash flow in Year #1 – over 80% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
Property Features and Assets:
<p>This business currently operates from two leased locations, 4,000 sq. ft. and 5,000 sq. ft. – both with repair shops and office space.<br></p>
Market Competition and Expansion:
<p> </p><p>The company enjoys a competitive advantage by providing high quality specialized repair services, along with general automotive maintenance to a stable customer base.</p><p>It is projected that a new owner will obtain additional growth by expanding the marketing efforts with a modest investment and possibly staying open later in the week. The company projects a revenue growth rate under such premise of 10%+ per year. If the new owner wishes,additional growth of 25% or more could be achieved by investing in additional sales resources and targeting Fleet Management.</p><p> </p>
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