Business Overview

Turn key ‘five bay auto repair shop’ business. Excellent Highway 11 frontage within the city limits of Ord, Nebraska. Listing includes: large shop with equipment, tools, fixtures and furniture; (2) advertising billboards; (12) storage units; and additional storage garage. A great business opportunity awaits!

Financial

  • Asking Price: $475,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:8,792
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

5 Bay Auto Repair Shop Includes: All equipment, tools, fixtures & furniture included.(Complete list provided to qualified buyers.)Vehicle Exhaust Extraction Removal System, Built-In Air Compressor System Radiant Gas Heat, Waste Oil Heater & Hot Water Heater, Front Office & Lobby Restroom & Private Office, Security System, PTAC Heat & Air Unit. Other Income Generating Business Amenities: (2) Advertising Billboards - Currently rented month-to-month. (12) 10' x 30' Storage Units - Currently rented month-to-month.

Pros and Cons:

Excellent Highway Visibility (For Sales & Services)

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell companies. However, the real reason vs the one they tell you may be 2 entirely different things. For instance, they might state "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might just be excuses to try to conceal the reality of altering demographics, increased competition, recent decrease in incomes, or a range of various other reasons. This is why it is really essential that you not rely entirely on a vendor's word, yet instead, use the seller's answer together with your general due diligence. This will repaint a more practical picture of the business's current scenario.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of operating businesses finance loans so as to cover things such as supplies, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that earnings margins are too thin. Lots of organisations fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that should be fulfilled or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area bring in brand-new customers? Often times, companies have repeat clients, which create the core of their everyday revenues. Particular variables such as new competitors growing up around the area, roadway construction, as well as employee turn over can affect repeat customers and also negatively influence future incomes. One vital thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Obviously, the more individuals that see the business often, the higher the possibility to develop a returning consumer base. A last idea is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? Exactly how might the local median home earnings impact future income prospects?