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71312-SBA Approved High-Profit Automotive Center - SDE of 354k!

SC

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71312-SBA Approved High-Profit Automotive Center - SDE of 354k!
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Asking Price: $900,000

Cash Flow: $354,000

Gross Revenue: $1,250,000

EBITDA: $308,000

FF&E: $90,000

Inventory: $5,000

Established: 1984

71312-SBA Approved High-Profit Automotive Center - SDE of 354k!

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Business Description

The Company is an auto repair center providing full service maintenance and repair of foreign and domestic vehicles. The Company’s primary service is foreign auto maintenance and repair. The Company operates from a 7,000-square foot leased facility which it owns. The facility includes a storefront, warehouse, office space and multiple service bays. Offering these services requires special tools and diagnostic equipment and certified mechanics to perform repairs. The Company has a proven track record, supported by the longstanding reputation it maintains with its customers. With its broad range of services, the Company’s marketing efforts focus on targeting residents and businesses within Columbia, Irmo, Dutch Fork, Saint Andrews, Chapin, and surrounding South Carolina areas. Revenues have increased 3% over the past 4 years, due to an increase in the local population. The Owner states that new housing developments and commercial properties are breaking ground regularly. in 2016, the Company’s total revenue was $1,146,803 with an SDE of $300,000, rounded. The Company revenues for 2017 were about $1,250,000. With a large customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones.

Detailed Information

Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Other interests
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IAG Buyer Division

Business Listed By:
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IAG

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