Immaculate auto repair business specializing in the repair of European brands. The seller relocated in 2013 from a location one block away (was in previous location 14 years). He installed and purchased all completely brand-new equipment and tools, including four (4) lifts & state of the art "computers/scanners" (Snap-on Verus, AutoLogic, Audi-VW-Bently-Lamborghini, Mercedes, BMW). Detailed equipment list available. Great rent and lease ($3,680/month for 7,500 s.f. with the lease expiring in 2018)! All the numbers are easily verifiable. Seller will sign a non-compete and is willing to train for up to two months included in sales price. Did not want to sell the business, but needs to sell due to an urgent family health issue outside of the country. All furniture, fixtures, equipment and inventory are included in sales price.
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$162,348FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
$95,000Auto Repair Business for Sale Specializing in the Repair of European Brands
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