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AutomotiveFor Sale

Established Auto Repair & Service Center - Springfield, RI - 19 Years Operating

Springfield, Rhode Island

About This Business

This well-established automotive repair and service facility has been a trusted cornerstone of the Springfield, Rhode Island community since 2005. With nearly two decades of proven operations, the business generates annual revenues of $676,974 and maintains a solid annual cash flow of $51,546. The facility operates with a dedicated team of 10 skilled technicians and support staff who have built strong customer relationships and a reputation for quality workmanship. The business offers comprehensive automotive services including general maintenance, diagnostics, repairs, and specialized work that has earned consistent customer loyalty and repeat business. The owner is selling due to health reasons and is highly motivated to find a qualified buyer who will continue the legacy of excellence this business has established. This represents an excellent opportunity for an experienced automotive professional or entrepreneur seeking an immediately profitable, turnkey operation with existing infrastructure, trained staff, and an established customer base in a stable market.

Financial Details

Asking Price
$345,000
Cash Flow
$50,000
Gross Revenue
$675,000
EBITDA
$40,000
Inventory
N/A

Business Details

Established
2005
Employees
10
Real Estate
Included in Price
Reason for Selling
Health Reasons
Financing
No
Training
Yes

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
6.9x
Price/Revenue
0.5x
DSCR
1.16
Cash on Cash ROI
-154.4%
Down Payment (SBA 10%)$34,500
Loan Amount$310,500
Monthly Payment$3,605/mo
Annual Debt Service$43,262
Owner Salary$60,000
Cash Flow After Debt + Salary$-53,262
Asking Price
$345,000
Cash Flow: $50,000

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