King & King Business Advisors (a King & King, LLC company)
Business Brokers - Merger & Acquisition Advisors - Management Buyout Consultants

OUR FEATURED BUSINESSES

 

Gas Stations:

We have Gas Stations for sale. Whether you are new to the industry and are looking to get into a starter station or an experienced operator looking for an established site with several profit centers, we have a station for you.

 

Car Rental Business:

Independent Car Rental Agency located in the suburbs of Baltimore, Maryland

This business was opened in the year 1992, by its owners/founders at its present location.

Approximately three years ago the owners, both now in their seventies, established a timetable of three years to get their business affairs in order and prepare the business to be sold.  A business succession plan was designed to best position the business for an open market sale by downsizing the company significantly to eliminate all debt, reduce fixed and variable expenses, and reduce risk. 

Three years after the plan was implemented the company now has one, centrally located facility and five employees. Nearly 500 vehicles were sold, and/or retired from service and not replaced, employee count went from over 50 to 5, and now their company enjoys being in a position where they have absolutely no debt and a positive cash flow over $450,000..

Calendar year 2010 is the companies second full year operating under the new and improved, scaled down, “no debt” business model.  The Seller's Discretionary Cash Flow averaged over the last two years is in excess of $400,000.

Asking Price: $1,500,000

Pre-Qualified SBA Financing - Up to $1,000,000 (Seller will consider holding a note for approximately $500,000)