Summary: 
Since 1998, Knowledgeable Staff has been Repairing Cars on the South Side of Omaha
Business Type: 
repair
Business Type: 
auto and marine
Location: 
Nebraska
Price: 
$290,000
Sales Revenue: 
$720,502
Cash Flow: 
$102,228
Realestate Included: 
No
Employees: 
3
Internal Listing:: 
AUT009
Reason for Sale: 
Retirement

Description
Since 1998, knowledgeable staff at this business have been repairing cars on the south side of Omaha. This body shop specializes in collision repair, auto body work, engine repair, service, paint repair, dent repair, full frame straightening, welding, hail damage and bumper repair. Whether you are the owner of an existing auto repair company looking for a second location or an individual who has a passion for automobiles, this business has built a strong customer base and has more than $235,000 in assets required for servicing clients. Intangible assets include the custom website, established 17-year-old business name, existing SEO, and support and training from the Seller during a 90-day transition period. Growth opportunities for this business include seeking out relationships with insurers and expanding the website and online marketing campaign to attract people looking for the place to take their vehicle after an accident.

Based on a 15% down payment of $43,500 and 10% financing from the seller, an incoming owner would achieve a return on investment of 134% in the first year alone; this is a profit of $58,543 after all business expenses and loan payments are made.

Financial Overview
List Price: $290,000
Gross Sales
2014: $720,502
Owner Profit/Cash Flow
2014: $102,228
2014 Profit Margin: 14.19%
Multiple: 2.85 *Multiples range from 1-5, with the average being 3
Valuation: 2014 Cash Flow x Multiple = Price
$102,228 x 2.85 = $291,350

Assets Included in Purchase: $235,171
Equipment: $195,085 in machinery and equipment
Tools: $40,086
Intangible Assets: Custom website, established 17-year old business name, existing SEO, support and training from Seller during the transition

*amounts may vary

Business Information
Year Established: 1998
Location: South Side of Omaha
Lease: $2,500/month in 3,185 sq. ft. building
Reason for Selling: Retirement
Employees: 3 full-time auto repair technicians
Hours: M-F 8am-6pm, Sat 8-12
Non-Paid Seller Training Period: 90 Days
Growth Opportunities: Expand website and marketing campaign, seek out relationships with insurers
Current Owner’s Responsibilities: Owner-Operator; oversees staff and performs some repairs
Services Offered: Collision repair, auto body work, engine repair, service, paint repair, dent repair, full frame straightening, welding, hail damage, bumper repair

Funding Example
Purchase Price: $290,000
15% Buyer Down Payment: $43,500
10% Seller Financing: $29,000
75% Bank Loan: $217,500

Based on the above funding example, an incoming buyer making a 15% down payment of $43,500 would have a net operating income (NOI) of $58,543 after all loan payments and business expenses. This is a return on investment (ROI) of 134% in the first year alone.

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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