Details

In operation for may years, this business provides specialized Truck and car repair services. The company is recognized as an expert in its field. The business has a large and loyal customer base, which includes entities that are significant in size. Over the years, the Company demonstrated consistent revenue and profit streams.

The owners wish to sell assets of the company. In addition, the building can be purchased or leased. Comprehensive training, if required, will be provided by the owners to assure a smooth transition. The Vendor will provide a small VTB if required provided there is enough collateral offered and a reasonable interest.

This is an ideal opportunity for either a strategic industry buyer or a well-financed individual investor who is willing to hire appropriate management to operate the business. This well-established, profitable business may also appeal to a buyer who has previous experience with automotive repair and who seeks to become an independent business owner.

Transaction Information:

Business Equipment and Goodwill: $920,000
Current Assets (at actual) Estimated: $230,000
Total Business Assets: $1,150,000
Building can be leased: $32,000/year
Building Selling Price: $690,000
Revenue: $1,360,000
EBITDA (Normalized, after rent): $350,000
Sellers DE (Normalized): $490,000
Employees: 7 (lncl. 3 owners)

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.