AAA Tow Truck Co, 40 yrs Prime LA
BizEx1184-EM
Background
| BizEx ID: | BizEx1184-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Other Travel and Transportation Automotive |
| Years in Business: | 40 |
| Under Present Owner: | 3 |
| Hours of Operation: | 7:00am - 6:00pm, Mon - Sat |
| Owner Hours: | Part-Time |
| Training: | 4 weeks @ 40 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | Month to Month |
| Lease Options: | |
| Building Size: | 3,000 |
| Employees: | 18 |
| Reason for Sale: | Other Opportunities |
Financials
| Asking Price: | $1,600,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,000,000 |
| Discretionary Cash Flow: | $500,000 |
| FF&E: | $730,000 |
| Inventory Included? | Yes |
| Inventory: | $15,000 |
| Min. Operating Capital: | TBD |
| Real Estate Available? | No |
| Rent: | $1,300 |
| Payroll: | $40,000 |
| Financing: | SBA |
| 2019 | 2018 | 2017 | |
|---|---|---|---|
| Gross Sales | $ 1,995,000 | $ 1,885,000 | $ 1,300,000 |
| Gross Profit | $ | $ | $ |
| Disc. Earnings | $ 510,000 | $ 500,000 | $ 500,000 |
