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Listed by:

Neumann Associates

Cash Flow Strong Automotive Repair And Maintenance Company For Sale

Central New Jersey, New Jersey, US
Asking Price:
$2,280,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,100,000
Cash Flow:
$700,000

This well-known and highly profitable Automotive Repair and Maintenance Company operates two locations in Central New Jersey. The firm enjoys significant operating margins and documented profitability with sales regionally.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.2 x EBITDA (ttm). A full valuation report is included and there is $14,000 Net Working Capital and another $284,000 in Fixed Assets included in the deal. The business is pre- qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain close to $380,000 benefit in after-acquisition-debt cash flow in Year #1 – over 80% return on equity investment.

(ALL DATA BASED ON SIGNED TAX RETURNS)

Property Information

Real Estate:

Lease

Location:

Central New Jersey

Premises Details:

This business currently operates from two leased locations, 4,000 sq. ft. and 5,000 sq. ft. – both with repair shops and office space.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

It is projected that a new owner will obtain additional growth by expanding the marketing efforts with a modest investment and possibly staying open later in the week. The company projects a revenue growth rate under such premise of 10%+ per year. If the new owner wishes, additional growth of 25% or more could be achieved by investing in additional sales resources and targeting Fleet Management.

Competition / Market:

The company enjoys a competitive advantage by providing high quality specialized repair services, along with general automotive maintenance to a stable customer base.

Reasons for selling:

Retirement (consulting available)

Employees:
16
Years established:
2015

Other Information

Support & training:

A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$0.5m Seller note plus $1.4m Bank financing subject to buyer qualification

Furniture / Fixtures value:
$284,000 - included in the asking price
Inventory / Stock value:
$14,000 - included in the asking price
Contact Broker

Listed by

Neumann Associates

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