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Listing Broker Information
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Randy Ashenfarb, MA, CBI
Business Broker/Analyst
Randy has 8 years experience as an educator and close to 15 years experience as a sales professional and trainer. He was a successful Stockbroker for 10 years and has ran sales departments for both an engineering and athletics promotions company. He has a B.A. in Psychology and Education from Wilkes College in Pennsylvania and an M.A. in Education from the College of Staten Island. Randy has displayed a tremendous amount of versatility and people skills during his professional work life. As a teacher, he worked with disabled kids, while as a stock broker, he worked with clients worth millions of dollars. Randy believes in business ownership; this is a belief that has led him to have early success as a full time business broker. He also believes that the key to success in any entrepreneurial venture is 100% total commitment.
email:
randy.ashenfarb@profitwisdom.net
phone: (212) 244-8163 / (718) 288-1614
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 Contact Information |
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BusinessesFor Sale
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Listing Information |
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| Auto Repair/Owner looking to re-locate |
| Listing ID: A034 |
Location: Brooklyn, NY |
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Brief:
This business is an Auto Repair shop that has been servicing the immediate area for over 12 years by the current owner. This business is a full service Auto Repair business, which services all Foreign and American made vehicles. The owner currently performs the following services, alignments, inspections, transmissions, diagnostic, etc. None of the work is currently being outsourced. The business also retails Auto Parts. |
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| Listed Price: |
$200,000 |
| Total Sales: |
$320,000.00 |
| Seller's Discretionary Earnings: |
$66,980.00 |
| Fixtures Furniture, & Equipment: |
$120,000.00 (Included in Listing Price)
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| Real Estate: |
N/A
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| Inventory: |
$5,000.00 (Included in Listing Price) |
| Financing / Terms: |
The owner is open to negotiating terms depending on the buyer, there qualifications, and the overall deal structure. |
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Business Information |
| Year Established: |
40 |
| Number of Employees: |
4 Full Time / 0 Part Time |
| Days and Hours of Operation: |
7 Days a week form 8:00AM to 6:00PM |
| Relocatable: |
No |
| Franchise Information: |
None |
| Facilities / Location: |
The business currently has 3 inside bays with lift, and 1 exterior bay also with a lift. The owner has also set aside space for an office and has enough room on the property to fit 15 parked cars. This is all located in a high traffic area, which has consistently been busy. |
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Lease Information |
| Lease Expiration Date: |
8/17/2015 |
| Option: |
N/A |
| Monthly Rent: |
$4,000.00 |
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| Additional Information |
| Reason for Selling: |
The current owner is selling the business due to a change in lifestyle. He has already sold his home in New York, and is actively pursuing a move to Florida. |
| Business Description: |
A Full service Auto Repair shop with 90% repeat customer base. The business grossed approximately $468,000 in “2004”. The owner is conducting all types of repair work, as well as retailing Auto products. |
| Potential for Growth: |
Based on the current owners experience in business and in this particular industry, he suggests that a new owner would be able to improve the business by doing the following. First and foremost is advertising, the current owner does not advertise at all. All of his current customers have come through Goodwill, and by word of mouth. The owner also feels that better customer relations would improve the customer service aspect of the business. |
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