Business Overview

A very busy auto sales and service shop located in a busy North Dayton Suburb right off of Interstate 75. On a very busy road, this business has a lot of exposure to many commuters. Established in 2019 this business has been busy since day one. Started from nothing and grew it very quickly. Owners poured their hearts and souls into this place to make it as successful as possible. Includes one rack and an alignment machine. Real estate is available as part of the purchase and there is an additional outbuilding with overhead door that could be used to expand service offerings to customers. All equipment and tools come with the sale of this business. You will get everything. A money maker from day one. Owners have a second location in the southeast on the coast and are ready to move south. The business comes with a dealer license and a dealer plate so you can further increase your revenue. Showings are by appointment only. For more detailed information, please contact listing agent Brandon Owens at 513-392-6750 or email brandon@fcbb.com.

Financial

  • Asking Price: $1,295,000
  • Cash Flow: $436,722
  • Gross Revenue: $2,840,269
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: $400,000
  • Inventory Included: Yes
  • Established: 2019

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:3,000
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is a leased location of 3,000 square feet with a Total Monthly Rent of $2,600. Seller is active in the business with 3 FT employees. Hours of operation are 9am-6pm Monday – Friday and Saturday 9am-3pm. $400,000 in Inventory and $50,000 in FF&E included in asking price. Dealer License required.

Is Support & Training Included:

30 days

Purpose For Selling:

Sellers moving out of state

Additional Info

The venture was established in 2019, making the business 3 years old.
The transaction does include inventory valued at $400,000, which is included in the asking price.

The company has 3 FTE employees and is located in a building with approx. square footage of 3,000 sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people decide to sell operating businesses. Nevertheless, the real reason vs the one they say to you may be 2 totally different things. For instance, they might claim "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be justifications to try to hide the reality of changing demographics, increased competition, recent decrease in revenues, or an array of various other factors. This is why it is very crucial that you not rely completely on a seller's word, however rather, utilize the vendor's solution in conjunction with your total due diligence. This will repaint an extra realistic picture of the business's current situation.

Existing Debts and Future Obligations

If the current business is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous companies borrow money in order to cover things like inventory, payroll, accounts payable, and so on. Bear in mind that sometimes this can suggest that earnings margins are too tight. Numerous organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that should be met or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location draw in brand-new customers? Often times, companies have repeat customers, which develop the core of their day-to-day profits. Certain variables such as new competitors growing up around the area, roadway building, as well as personnel turnover can influence repeat consumers and adversely influence future profits. One important point to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Certainly, the more individuals that see the business regularly, the better the possibility to develop a returning customer base. A final thought is the general area demographics. Is the business situated in a largely populated city, or is it located on the outskirts of town? Exactly how might the neighborhood average home income impact future income prospects?