Well established automotive uniques services company providing services to many popular and large car dealerships in DC Metro area. This is a home based business and their services could be easily expanded to other states. They have very low overhead, well trained and loyal employees providing an exceptional service. The business needs an investor who likes to enjoy high cash flow and understands the potential of growing this business by retaining more customers and expand the service to nationwide. Auto detailing is only 10% of revenue and the rest is scratch reapir, headlight restoration, touch up, odor removal, and interior repair.
Financial Information
$1,600,000
Asking Price
$548,000
Cash Flow
$1,240,000
Gross Revenue
On request
Down Payment
Yes
Financing
Business Location
City:
Confidential
State:Virginia
Financing Comments
$400,000 Seller financing and the business is qualified for SBA financing
Reason for Sale
Owner relocated
Detailed information
Year Established:2012
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 7
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:10
Adjusted EBITDA:
$480,000
Inventory Included: Yes
Inventory Value:
$20,000
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: Yes
FF&E Value: $80,000
Training/Support
Owner will provide training and support after closing.
Facilities
The business does not have a retail location.
Market Outlook/Competition
Due to their uniques service there are not much of completion. Also, due to excellent service and world of mouth they get referral from exiting or past clients.