Highly Profitable Automotive Repair and Maintenance Company

Maryland

Seller Financing Available

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Asking Price:$950,000
Gross Revenue:$1,575,000
Established Year:2000
Cash Flow:$350,000
FF&E:$52,500
BUSINESS DESCRIPTION

This well-known and highly profitable Automotive Repair and Maintenance Company is located in Maryland, South of Annapolis, MD. 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 4.0 x EBITDA (ttm). A full valuation report is included and there is $52,500 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 almost $180,000 benefit in after-acquisition-debt cash flow in Year #1 – over 90% return on equity investment.

(ALL DATA BASED ON SIGNED TAX RETURNS)


DETAILED INFORMATION
Location
Maryland
Inventory
Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business currently operates from a leased 6,000 sq. ft. repair shop with office space.
Competition
The company enjoys a competitive advantage by providing high quality specialized repair services, along with general automotive maintenance to a stable customer base.
Growth & Expansion
It is projected that a new owner will obtain additional growth by expanding the direct sales and marketing efforts with a modest investment of $50k. 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 an initial $100k and becoming a MD State Inspection location.
Financing
$0.2m Seller financing plus $0.6m Bank financing subject to buyer qualification
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.
Reason for Selling
Retirement (consulting available)
Franchise
This business is an established franchise
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Achim
Neumann
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Achim Neumann