21st Century Auto Services
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Background
| BizEx ID: | BizEx1382-AK |
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| General Location: | Greater Moorpark, CA |
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| Category: |
Auto Repair, Parts & Services
Automotive
|
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| Years in Business: | 9 |
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| Under Present Owner: | 9 |
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| Hours of Operation: | 7:30 am-5:30pm |
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| Owner Hours: | 7:30 am-5:30 pm |
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| Training: | 3 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 4/1/22 |
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| Lease Options: | 1 5yr |
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| Building Size: | 5,000 sq ft |
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| Employees: | 8 |
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| Reason for Sale: | Moving Out of State |
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Financials
| Asking Price: | $1,445,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,763,032 |
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| Discretionary Cash Flow: | $612,689 |
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| FF&E: | |
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| Inventory Included? | No |
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| Inventory: | $3,000 |
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| Min. Operating Capital: | $65,000 |
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| Real Estate Available? | No |
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| Rent: | $7,318 |
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| Payroll: | $36,400 |
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| Financing: | SBA |
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|
2121 Jan-Sept | 2020 |
| Gross Sales |
$ 1,315,312 | $ 1,495,813 |
| Gross Profit |
$ 801,126 | $ 849,316 |
| Disc. Earnings |
$ 508,189 | $ 612,612 |
