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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Jacksonville, FL 2121 Corporate Square Boulevard Suite 115 Jacksonville, FL 32216 (904) 726-1670 www.vrbb.com dms@vrfirstcoast.com |
VR Business Brokers - West Palm Beach, FL 824 US 1 Suite 320 North Palm Beach, FL 33401 (561) 686-8222 www.vrwestpalm.com dcheney@vrwestpalm.com |
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Business Listing Details |
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LISTING#: |
I0920: Auto/Motorcycle Dealers Top 100 Auto Business in USA |
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LOCATION: South Eastern USA |
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ASKING PRICE $13,900,000 |
AMOUNT DOWN $13,900,000 |
REVENUES: $91,964,709 |
DISCRETIONARY EARNINGS $4,670,054 |
TOTAL ASSETS $7,088,215 |
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| Top 100 automotive business in the USA with increases in revenue from $46M in 2007, to $69M in 2008, to $90M in 2009. EBITDA is up 48% in 2008 and 57% in 2009. Priced at 2.2 times EBITDA + Seller's salary over trailing twelve months (TTM) and includes $4M in inventory. Inventory turns approximately 10 times per year. Seller has tremendous knowledge of auto industry and wants to work for new owners ensuring knowledge transfer to continue growth. All intellectual property and proprietary information will be conveyed to new owner. This company has built its reputation and profitability on tactical procurement, a sound strategic business plan, unmatched operations, outstanding financial management, and the industry's best customer experience. Proprietary marketing and operations system drives revenues and profits. Financials and tax returns are clean and readily verifiable. All buyers must be approved by seller before information is released and be pre-qualified with financials and executed non-disclosure agreement. Call Dan Cheney 561-686-8222. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |