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Auto Glass Supply & Repair

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Complete NDA for Full Overview

Price: $1,050,000

Annual Revenue: $580,000

Minimum Equity Required: $420,000

SDE: $165,000

Location: New Brunswick

ID: 1263

Status: Off Market

Description

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 owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Annual Revenue and SDE:

2021
Revenue: $765,000
SDE: $165,000

2020
Revenue: $850,000
SDE: $91,000

2019
Revenue: $1,015,000
SDE: $130,000

2018
Revenue: $1,325,000
SDE: $160,000

2017
Revenue: $1,225,000
SDE: $150,000

** 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:

https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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