Business For Sale Listing 151641
Auto Conversion/Adaptation for the Mobility Market
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
Our firm currently represents a comprehensive automotive service center for the mobility industry. NMEDA-certified mobility services are complemented by the Company’s full service, AAA-certified auto repair center, ably staffed by factory trained and ASE-certified technicians. The Company is unique in its Northeastern market in that it is the only operation authorized to sell, install and repair mobility equipment. For the fiscal year ended May 31, 2008, the Company posted revenue of $6.8 million and EBITDA of $410,000. Product line as a percentage of revenue includes mobility sales (50%), auto service sales (15%), auto service parts (13%), mobility service sales (10%), mobility parts (10%), and rental vans (2%). Boasts a strong and extensive network within the niche mobility industry, exemplified by an average supplier relationship of almost 13 years - nearly as long as the Company’s operating history. Client base of 5,000 accounts consists primarily of individuals with some degree of physical disability. Customer relationship management has always been a focal point and one of the distinguishing factors which set the Company apart from competition, as evidenced by a client retention rate that approaches 90%. Revenue and EBITDA have grown year-over-year since 2005, and management is confident that the Company will achieve $7.3 million in revenue and $490,000 in EBITDA as projected for 2009.The firm represents an ideal acquisition in the high growth potential mobility market.
Categories
Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million ($6,800,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($410,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
