37616-Auto Repair with Property & Great Profits

NH

Seller Financing Available
37616-Auto Repair with Property & Great Profits
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Asking Price: $325,000

Cash Flow: $126,000

Gross Revenue: $623,340

EBITDA: $72,385

FF&E: $150,000

Inventory: $25,000

Established: 2004

37616-Auto Repair with Property & Great Profits

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Business Description

From the popular region of Concord, New Hampshire, this auto repair company specializes in preventive maintenance of vehicles, such as oil changes, front-end alignments, brake jobs, vehicle inspections, new tire installations or replacements among other repairs. Primarily servicing the 25 mile radius of is surrounding area using state-of-the-art equipment and tools. The 3,800 square foot facility features an open frontage lot and four service bays for storage, as well as a separate, secluded 1,800 sq. ft. residence behind the shop. The 2.5 acres of land would be sold with the business; it’s in excellent condition, zoned for commercial use, and capable of handling additional capacity. Backed by proven track record and supported by 15 years of ongoing business, strategic marketing efforts focus growing its loyal repeat customer base with long-term contracts by targeting individuals in the residential community in need of automobiles. Seller believes that company’s strong reputation and the quality-focused operations performed by its single employee represent significant expansion opportunities for an industry buyer, as profits have been increasing over the past four years due to new developments and excellent word of mouth referrals. Last year’s total revenue was $623,340 with Seller’s Discretionary Earnings of a rounded $126,000, and projections for 2019 show $800,000 in gross income. Based on an independent valuation!

Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
3 - 6 months
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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