Sold
Background
| BizEx ID: | BizEx1309-AK |
|---|---|
| General Location: | san fernando valley, CA |
| Category: |
Business Services Automotive |
| Years in Business: | 1981 |
| Under Present Owner: | 1981 |
| Hours of Operation: | mon-fri 9am-5pm |
| Owner Hours: | mon-fri 9am-5pm |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 7/1/2020 |
| Lease Options: | |
| Building Size: | 1688 sf |
| Employees: | 3 |
| Reason for Sale: | moving out of state |
Financials
| Asking Price: | $385,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $485,549 |
| Discretionary Cash Flow: | $196,490 |
| FF&E: | $75,000 |
| Inventory Included? | No |
| Inventory: | $3,800 |
| Min. Operating Capital: | $20,000 |
| Real Estate Available? | No |
| Rent: | $1,800 |
| Payroll: | $6,500 |
| Financing: | SBA |
| 2019 | |
|---|---|
| Gross Sales | $ 485,549 |
| Gross Profit | $ 485,549 |
| Disc. Earnings | $ 196,490 |
