This listing is: Off Market
Background
| BizEx ID: | BizEx1400-AK |
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| General Location: | Santa Clarita, CA |
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| Category: |
Auto Repair, Parts & Services
Automotive
|
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| Years in Business: | 22 |
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| Under Present Owner: | 22 |
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| Hours of Operation: | 7am-5pm mon. -sat. |
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| Owner Hours: | 7am-5pm mon.-sat. |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 2028 |
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| Lease Options: | |
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| Building Size: | 5000 |
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| Employees: | 5 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $935,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $831,788 |
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| Discretionary Cash Flow: | $351,744 |
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| FF&E: | $150,000 |
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| Inventory Included? | No |
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| Inventory: | $20,000 |
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| Min. Operating Capital: | $35,000 |
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| Real Estate Available? | No |
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| Rent: | $3,300 |
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| Payroll: | $23,500 |
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| Financing: | SBA |
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|
2021 | 2020 |
| Gross Sales |
$ 831,778 | $ 671,947 |
| Gross Profit |
$ 583,636 | $ 474,683 |
| Disc. Earnings |
$ 351,744 | $ 242,449 |
