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Description
When is now the right time to take ownership of your life and financial freedom? This business has a proven track record of excellent customer service and a very loyal customer base, which makes it to be an ideal business for someone looking for low risk with meaningful benefits. If you appreciate a "somewhat" rural lifestyle, just minutes from city amenities, or you'd prefer to be closer to city amenities and have a short commute to your shop, then we're off to a good start. If you have experience as a small engine mechanic, are good with people, or you have some experience working with a small team, then you have some of the important building blocks to a great future in this business?

By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions.

Financial Information
2021
Revenue: $555k
SDE: $135k (This is *after* adjusting for a hypothetical rental amount of $18k, which is sufficient to carry a $250k mortgage.)

This business has been closed since January 2021, but all the resources, including staff and customer demand, are in place for a new owner to reopen and rebuild. The pricing of this business takes into consideration the impact of having to relaunch, so a new owner will have some runway to work with.

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. It is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings. This is pre-tax, pre-mortgage, and pre-discretionary expenses.

** Our expectations are for a minimum 35% down payment on the final negotiated purchase price, with the balance of the agreed upon business value being financed over 6 - 7 years and the real estate being financed over 20 years.

Minimum Equity Required
$150,000

Real Estate
16k ft2 lot, 2,500 ft2 building. Well insulated, with metal siding.

Price
$379,000

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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.