BizEx212-KF: Camarillo Auto Repair

Background:

General Location:Camarillo, CA
Category:Services > Auto Repair, Parts & Services
Services > Auto Repair, Parts & Services
Years in Business:6
Under Present Owner:6
Hours of Operation:M-F 8-5
Owner Hours:Same
Training:12 weeks, 20 hours/week
Organization Type:Sole Proprietor
Lease Expiration:Jan. 1, 2013
Lease Options:none
Building Size:3,800 sqft
Employees: 3FT; 0PT

Reason for Sale:
Relocation

Financials

Asking Price:$65,000
Down Payment:$65,000
Gross Sales:$250,000
Discretionary Cash Flow:$80,000
FF&E:$ 30,000
Inventory Included?Yes
Inventory:$ 1,500
Minimum Operating Capital:$ 8,000
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:$ 2,329/month
Payroll:$ 4,600.00/month
Financing:Call

None...None...None...
Gross SalesNone...None...None...
Gross ProfitNone...None...None...
Disc. EarningsNone...None...None...

* YTD as of None..., ** = Prorated.

Broker Info


Kendric Foultz, CBB
Business Broker
(310) 882-2200 ext 102
LIC# 01376005

Summary

Business for sale is an established auto repair shop in the Camarillo area. This business provides both mechanical repair along with body work. The shop has plenty of room and there is lots of space for cars waiting for repair. The lease rate is very attractive and the business has a strong following based on the level of service provided by this operation. This is an ideal situation for someone who has some experience or can partner with someone with experience to take over this money making operation. The owner is prepared to stay on as necessary to provide a buyer with all the insight required to understand how to make money with this business. If you would like more information regarding this opportunity please log on to www.bizex.net and "register". You can also contact Kendric Foultz directly at 310-968-2369.


More Details

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DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.