#2218-#2318 Two Auto Repair Shops

Two High Cash-Flow Auto Repair Shops

Profiles #2218 and #2318

This acquisition features two well-establish auto repair shops in high traffic Greater Denver locations. Both shops have been in business over 15 years and both have outstanding reputations. The nationally-branded chain brings quality name-recognition and low licensing fees. It is a recession-resistant business with strong cash-flow and the capacity for substantial growth.

The seller would entertain selling each location individually; however, there are clear synergies involved with owning both locations. These synergies include purchasing, marketing, accounting, and employee sharing. This business has been pre-qualified for SBA guarantee financing.

Business Highlights

Prime metro Denver locations Loyal customer base

Strong cash-flow

Clear opportunities for growth

Well-trained, reliable staff Well maintained facilities

New equipment

Purchase Price and Terms

Business (both locations)

$1,395,000

*Down Payment (est. at 20%)

$279,000

*Terms (est.):10 years, 6.75%, $13,195/month

*Assumes buyer qualifies for SBA guaranteed financing.

Corporate | History o Two locations o Well established, 15+ years each o Owners are retiring

Location | Facilities o Location #1: 5,000 sq. ft. (approx.) o Location #2: 3,250 sq. ft. (approx.) o Attractive leases

Customers o Loyal customer base o Wholesale, fleet, retail o Front range and mountain regions

Sales | Marketing o Effective web marketing o Exceptional analytics in place o Strong name recognition

Services o Specialty automotive repair o General automotive repair

Management | Staff o 11 full-time employees o 2 part-time employees (owners)

FINANCIAL HIGHLIGHTS

2015

Gross Sales ($) 2,083,652

2016

2,223,655

2017* 2018 (Jan-Sep)** 2017 (Jan-Sep)

2,120,076 1,855,566 1,614,766

SDE ($) 363,883 418,578 363,863 352,094 278,143

*Sales and SDE (Seller's Discretionary Earnings) dipped in 2017 due to manager issues, which were resolved in 2018, producing a marked recovery.

**2018 Combined Sales and SDE are on track to exceed those of the past three years. YTD through September shows almost a 15% increase in sales and 25% in SDE.

ASSETS INCLUDED (estimated)

Furniture, Fixtures & Equipment Vehicles Inventory

Total

$ 90,000 6,500

40,000 $136,500

$2,000,000 $1,500,000

January - September 2018 v. 2017

$1,855,566 $1,614,766

$1,000,000 $500,000 $-

Gross Sales

$276,523 $345,714

Seller's Discretionary Earnings

All information has been provided by the Seller and is not warranted by The FBB Group, Ltd.

303 S. Cascade Ave., Suite 200 | Colorado Springs, CO 80903 719.635.9000 | 800.395.7653 | fbb@ |

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download