Annual Revenue: $580,000
Minimum Equity Required: $420,000
Location: New Brunswick
Listing ID: 1263
Listing Status: Under Contract
Auto Service Center was established since 1991 by the present owner and is located in New Brunswick.
The services they offer include mechanic, wheel alignment, windshield replacement, tires, lift kits sale and installation and sale of vehicle accessories and stereo.
The services are all offered with five bays in 3,920ft.2 buildings with a mezzanine. It also includes
a separate 1500s.q. building for storage. Consumers can find in one place a wide range of
services necessary for the maintenance of their vehicles from Monday to Friday.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. 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.
Annual Revenue and SDE:
** 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. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
For more information on this listing, please complete our Non-Disclosure Agreement