Auto Parts Store - Retail & Wholesale in SFV

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This listing is: Off Market

Background

BizEx ID:BizEx552-TP
General Location:Reseda, CA
Category: Durable Goods
Auto Repair, Parts & Services
Years in Business:30
Under Present Owner:5
Hours of Operation:M-F 8-6, SAT 8-4
Owner Hours:M-F 8-6, SAT 8-4
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:Brother is Master Tenant
Building Size:3,500
Employees:10
Reason for Sale:Pursue other business interests.

Financials

Asking Price:$695,000
Down Payment:Negotiable
Gross Sales:$1,635,408
Discretionary Cash Flow:$240,311
FF&E:$21,000
Inventory Included?
Inventory:$320,000
Min. Operating Capital:$30,000
Real Estate Available?No
Rent:$3,900
Payroll:$19
Financing:Call

2012 2011 2010
Gross Sales $ 1,670,153 $ 1,381,608 $ 1,374,622
Gross Profit $ 506,000 $ 555,482 $ 555,526
Disc. Earnings $ 240,311 $ 224,471 $ 235,071

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