This listing is: Off Market
Background
| BizEx ID: | BizEx552-TP |
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| General Location: | Reseda, CA |
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| Category: |
Durable Goods
Auto Repair, Parts & Services
|
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| Years in Business: | 30 |
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| Under Present Owner: | 5 |
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| Hours of Operation: | M-F 8-6, SAT 8-4 |
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| Owner Hours: | M-F 8-6, SAT 8-4 |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | |
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| Lease Options: | Brother is Master Tenant |
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| Building Size: | 3,500 |
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| Employees: | 10 |
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| Reason for Sale: | Pursue other business interests. |
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Financials
| Asking Price: | $695,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,635,408 |
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| Discretionary Cash Flow: | $240,311 |
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| FF&E: | $21,000 |
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| Inventory Included? | |
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| Inventory: | $320,000 |
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| Min. Operating Capital: | $30,000 |
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| Real Estate Available? | No |
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| Rent: | $3,900 |
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| Payroll: | $19 |
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| Financing: | Call |
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|
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 |
