Auto Body Shop , San Fernando Valley - 15 Years

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This listing is: Off Market

Background

BizEx ID:BizEx1202-AK
General Location:San Fernando Valley, CA
Category: Auto Repair, Parts & Services
Auto Body
Years in Business:15
Under Present Owner:15
Hours of Operation:m-f 7:30am-5pm; sat 8am-noon
Owner Hours:m-f 7:30am-5pm; sat 8am-noon
Training:4 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:TBD
Lease Options:TBD
Building Size:6,000 sf
Employees:6
Reason for Sale:retirement

Financials

Asking Price:$1,295,000
Down Payment:Negotiable
Gross Sales:$1,162,430
Discretionary Cash Flow:$538,257
FF&E:$200,000
Inventory Included?No
Inventory:$5,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$18,000
Payroll:$17,333
Financing:SBA

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

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations