Issue link: http://deals.uberflip.com/i/1433150
Auto Auction and Transport Company Located in West Texas #63697 Sign NDA ► 2021 Revenue Est. $4,500,000 2021 EBITDA Est. $787,000 2021 Cash Flow Est. $949,000 DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Cory Strickland Senior M&A Advisor Email: cstrickland@generational.com Office: 469-965-8686 Generational Group 3400 N. Central Expressway, Ste. 100 Richardson, TX 75080 Fax: 972-392-8564 BUSINESS HIGHLIGHTS This company is made up of 3 entities, an auto auction, a repair shop [which previously sold retail autos] and a vehicle transport company. The transport business is able to transport cars for the auction as well as the dealership [if Buyer wishes to operate]. The dealership maintains an impressive website and could easily be reactivated with little capital outlay. The auction entity is a member of the Auction Access Network in order to vet and strategically verify dealers. This company has developed strong and lasting client relationships, and has a highly experienced staff who's skillsets provide for fast and cost effective solutions. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS Over 1,000 active clients 99% recurring revenue 19 FT & 20 PT employees INVESTMENT APPEAL • Facilities– The Company operates out of two separate locations, a 17,500 square foot building, and a 9,700 square foot building. The real estate these buildings sit on are available for sale or lease. • Well-established niche market and superior reputation– As a wholesale auto auction and used car dealer, the Company has made a name for itself by supplying reliable vehicles. Dedication to reliable vehicles and superior service has allowed the Company to be successful in retaining customers as well as obtaining new ones. • Decreasing Operating Expenses- Operating expenses have been trending lower, decreasing as a percent of sales from 69% in 2018 to 65% in 2020. Effective management of operating expenses led to greater profitability during the historical period. • Strong Net Working Capital- As of December 31, 2020, the Company's unadjusted current assets were approximately $3,157,000, and unadjusted current liabilities totaled $667,000. Strong NWC provides a pool of resources the company can draw from for continued growth. GROWTH OPPORTUNITY Geographic Expansion Re-open Dealership Hire Additional Sales Staff Auto Auction Revenue Mix Historical Performance Projected Performance 2020 Revenue Breakdown • 12% Finance Companies • 3% Lease Companies • 25% Franchise Dealers • 50% Independent Dealers Note* Cash Flow=Seller's Discretionary Earnings/numbers in (000s)