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North Dakota

  • Listing No.: 101-16112

  • Category: Auto

Asking Price $1,000,000
Down Payment $400,000
Gross Revenue $2,346,287
Total Adjusted Net Income $1,000,756
Equipment / Fixtures $250,000
Year Established 2015
General Location North Dakota
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SELLER FINANCING - Seller is willing to accept $1 million cash offer or 1.4 million offer with seller financing of $400,000 down, the remaining balance over 36 months at 6%. This is a very well established and profitable specialty auto shop. They have a proven model with diversified income consisting of tires sales, suspension service, alignments, brakes, oil changes and other regular maintenance and service. The staff are trained, responsible and will stay on for the new buyer. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please email Listing Agent.

Gross Revenue $2,346,287 Listed Price $1,000,000
Total Income $1,000,756 Down Payment $400,000
Base Rent $15,500 Square Feet 43560
Total Rent $15,500 Lease Expiration 3/2020
Rent Deposit $15,000 Lease Options Yes Open
Inventory $50,000 Leasehold Improvements $50,000
Equipment / Fixtures $250,000 Other Assets
Full-Time Employees 4 Training Period 4 weeks
Part-Time Employees Special License Required
Contract Staff Reason for Selling Moving out of state

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.