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Name:
#1718 Specialty Vehicle Maintenance and Repair
Categories:
Automotive
Region:
Southern Colorado
Industries:
Auto Related
Segments:
Auto Body & Repair
Asking Price:
TBS
Down Payment:
TBS
Revenue:
$1,553,530  
Adj. Profit:
$332,508  
Adj. Profit Type:
Seller's Discretionary Earnings  

Specialty Vehicle Maintenance and Repair - This well‐established vehicle repair business specializes in in class 6, 7, and 8 truck products and repairs for commercial accounts, as well as the general public. With several large bays, the company is able to accommodate very large vehicles, such as trash and cement trucks. The company is well known for providing the best full‐service truck parts and repairs to Southern Colorado. The customer base is well diversified with the top commercial account responsible for just 11% of gross sales with the next 10 largest commercial accounts making up just over 20% of total sales. We believe this would make an excellent acquisition candidate for an industry acquirer looking to expand their operation into Southern Colorado, or an individual acquirer with mechanical experience.   Contact Rob Amerine.   BUSINESS SUMMARY 

Notes of Explanation:
  1. TBS = "To Be Suggested"
  2. Seller's Adjusted Profit

The Seller's Adjusted Profit is a calculation showing the cash flow generated by the Business for the most recent tax year, unless otherwise indicated, by adding back to the net profit those costs that are discretionary to the Seller. These costs could include the owner's salary and benefits, interest paid on the seller's notes/debts that are not assumed by the buyer, non-cash expenses such as depreciation (in appropriate situations) and amortization, and certain non-recurring or unusual expenses. Details of the Adjusted Profit calculations are available in each presentation package and in our files.

"An Economic Basket"

Another way of viewing the Seller's Adjusted Profit is as the historic economic basket of benefits available to the new owner so he can:

  1. Pay himself an appropriate wage commensurate with the skill required to manage the business.
  2. Service any debt incurred to purchase the business.
  3. Receive a reasonable rate of return on the down payment invested. (The appropriate rate of return depends on market conditions and the size of the business. For smaller transactions the rate of return on investment is not usually a significant factor in the valuation.