This listing is: Off Market
Background
| BizEx ID: | BizEx1202-AK |
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| General Location: | San Fernando Valley, CA |
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| Category: |
Auto Repair, Parts & Services
Auto Body
|
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| Years in Business: | 15 |
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| Under Present Owner: | 15 |
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| Hours of Operation: | m-f 7:30am-5pm; sat 8am-noon |
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| Owner Hours: | m-f 7:30am-5pm; sat 8am-noon |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | TBD |
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| Lease Options: | TBD |
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| Building Size: | 6,000 sf |
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| Employees: | 6 |
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| Reason for Sale: | retirement |
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Financials
| Asking Price: | $1,295,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,162,430 |
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| Discretionary Cash Flow: | $538,257 |
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| FF&E: | $200,000 |
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| Inventory Included? | No |
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| Inventory: | $5,000 |
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| Min. Operating Capital: | $50,000 |
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| Real Estate Available? | No |
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| Rent: | $18,000 |
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| Payroll: | $17,333 |
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| Financing: | SBA |
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|
2018 | 2017 | 2016 |
| Gross Sales |
$ 1,162,430 | $ 1,250,076 | $ 1,117,308 |
| Gross Profit |
$ 755,574 | $ 832,769 | $ 741,110 |
| Disc. Earnings |
$ 538,257 | $ 539,799 | $ 412,949 |
