Off Market
Off Market
Established Tire & Auto Service Business
$350,000
Rowan County, KY
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Gross Revenue
$900,268
Owner's Cash Flow
$127,536
Min Down Payment
$70,000
Employees
7FT, 1 PT
Business Summary
The company was originally founded in the 1960’s, but moved to their current location in Rowan County in the early 1980’s. The current owner acquired the business in 2004 and has turned it into a profitable enterprise with a loyal customer following.
Key Highlights
Year established
2004
Real estate
Leased
Reason for selling
The current owner is retiring after a long, successful career in automotive repair.
Support and training
The current owner is willing to stay on for up to 6 months to help with the transition.
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Consolidated Cashflow
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2020 | 2021 | 2022 | |
---|---|---|---|
Gross Revenue | $217 | $8,976 | $6,203 |
COGS | $9,605 | $63 | $7,680 |
Gross Income | ($9,388) | $8,913 | ($1,477) |
Operating Expenses | $1,211 | $6,481 | $8,841 |
Operating Incomes | ($10,599) | $2,432 | ($10,318) |
Net Other Income (Expenses) | ($4,463) | ($5,913) | ($6,910) |
Net Income | ($15,062) | ($3,481) | ($17,228) |
Interest | $7,534 | $2,239 | $632 |
Depreciation | $6,024 | $8,768 | $9,438 |
Amortization | $2,893 | $3,326 | $2,132 |
EBITDA | $1,389 | $10,852 | ($5,026) |
Add-backs | $57,839 | $65,483 | $73,363 |
Owner's Cash Flow | $59,228 | $76,335 | $68,337 |
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