Listing ID: 67448
This is a long time profitable repair shop in the Fredericksburg area. The owner is the territory director for the franchise and has an interest in the location’s continued profitability. It is fully equipped, with 5 lifts, an alignment machine, 3 AC service machines and a complete diagnostic center. With 3 highly experienced techs and and a long time service writer, the shop is steeped in great business practices and is as clean as a whistle. It has a great layout where the customers can view the action and witness their cars being repaired, while their children play in the Kiddy Area.
It’s on a main highway with unlimited parking and incredible visibility.
It all adds up to a money making shop with a great reputation and a long customer list.
At this price it won’t last long.
Call Jeff Neuburg. 703-623-5575
- Asking Price: $400,000
- Cash Flow: $150,000
- Gross Revenue: $1,050,000
- EBITDA: N/A
- FF&E: $150,000
- Inventory: $25,000
- Inventory Included: Yes
- Established: 2014
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
5,000 sq ft. on high traffic highway. Unlimited parking 5 lifts, alignment machine, Tire balance and installation machine, 3 AC service machines, 2-134 and 1-1234YF All Diagnostic Tools
2 weeks with manager and forever support as the seller is the Franchisor rep for the area and has an interest in the shop doing well.
Seller is going to focus on developing the rest of his territory.
This Business Is An Established Franchise
The venture was started in 2014, making the business 8 years old.
The sale shall include inventory valued at $25,000, which is included in the requested price.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals decide to sell companies. Nevertheless, the genuine factor vs the one they say to you might be 2 completely different things. For instance, they might say "I have way too many various responsibilities" or "I am retiring". For many sellers, these factors are valid. However, for some, these may just be reasons to attempt to hide the reality of altering demographics, increased competition, recent decrease in incomes, or an array of other factors. This is why it is extremely vital that you not count totally on a seller's word, yet rather, make use of the vendor's response along with your general due diligence. This will paint an extra sensible picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses borrow money so as to cover items like inventory, payroll, accounts payable, and so on. Keep in mind that in some cases this can indicate that revenue margins are too tight. Lots of organisations come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that need to be fulfilled or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location draw in new clients? Most times, companies have repeat clients, which form the core of their daily earnings. Certain elements such as brand-new competition growing up around the location, roadway building and construction, and also staff turn over can influence repeat consumers and also adversely affect future incomes. One essential thing to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Obviously, the more people that see the business regularly, the better the possibility to develop a returning customer base. A final thought is the general location demographics. Is the business situated in a largely inhabited city, or is it situated on the edge of town? Exactly how might the neighborhood mean house earnings influence future earnings potential?