Summary: 
90% Dealership After-Market Upgrades with Fully Trained Staff!
Business Type: 
auto and marine
Location: 
Nebraska
Price: 
$290,000
Sales Revenue: 
$1,350,512
Cash Flow: 
$152,501
Realestate Included: 
No
Inventory: 
$60,000
Employees: 
10
Internal Listing:: 
AUT008
Reason for Sale: 
New Business Ventures

Description
90% Dealership After-Market Upgrades with Fully Trained Staff! In this turn-key auto upgrade business with excellent products and services - including the distributorship for several in-demand aftermarket processes sold directly to dealers. With a fully trained staff of 10 in place including Chemical Installers, Window Cover and Tint Installers, Electronic Installers, Front and Back Shop Managers, it is set up for a smooth transition for a new Owner. Recently added spray on bed liner products have been a huge success! Profitable inventory totaling over $60,000 and historically marketable services are in place however there is room to grow sales and cash flow. Current accounts receivable of $56,522 is included in the price of the business as an asset of the sale.

The sky is the limit! The business is 10% consumer and 90% dealership; they are currently providing clients with services including: interlock, rear camera installation, heated seats, alarm systems, stereos, chip guard, spray-in bed liners, window tints etc. The business’ profit centers are currently their protection chemical install, electronic install, window tint, clear bra install, Katzkin leather install, and A/C and heat repair and install.

Financial Overview
List Price: $290,000
Gross Sales
2014: $1,350,512 (annualized)
Owner Profit/Cash Flow
2014: $152,501 (annualized)
Profit Margin: 11.29%
Multiple: 1.95 *Multiples range from 1-5, with the average being 3
Valuation:
2014 Cash Flow x Multiple = Fair Market Value
$152,501 x 1.95 = $297,377

Assets Included in Purchase: $303,522
Equipment: $127,000 including bed liner sprayer, two 2-post vehicle lifts, Viper GT a/c recovery & recycling machine, Hotsee power washer, electronic displays, security systems with monitors and cameras, four 80-gallon air compressors, oil waste recovery system
Inventory: $60,000
A/R: $56,522
Intangible Assets: Business name, telephone number, customer lists and contracts, software, licenses and non-paid seller training for 90 days

Business Information
Year Established: 2001
Service Area: Omaha Metro
Demographics: 90% Dealerships, 10% Direct-to-Consumer
Lease: $4,508/month in 4,200 sq. ft. building
Reason for Selling: New Business Ventures
Employees: 10 fully-trained employees: 1 GM, 1 Salesperson, 8 specialty installers
Hours: 8am – 5pm M-F
Non-Paid Seller Training Period: 90 Days
Growth Opportunities: Add additional Dealership Accounts outside of current service area, develop web presence
Current Owner’s Responsibilities: Owner-Operator

Funding Example
Purchase Price: $290,000
10% Buyer Down Payment: $29,000
10% Seller Financing: $29,000
80% Bank Loan: $232,000
Based upon the above Funding Example, an incoming buyer placing a 10% down payment would receive a return on investment (ROI) of 366% in the first year alone and receive a net operating income (NOI) of $106,337 after all loan payments and expenses are paid.

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

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