SOLD
BizEx238-AK: Unique Auto Broker Priced to Sell

Background:

General Location:north of Fullerton, CA
Category:Automotive > Automotive Dealers
Automotive > Auto Repair, Parts & Services
Years in Business:41
Under Present Owner:4
Hours of Operation:m-f 8am-5pm
Owner Hours:m-f 8am-5pm
Training: weeks, hours/week
Organization Type:s corp
Lease Expiration:9/2012
Lease Options:
Building Size:1500 sqft
Employees:5 FT; PT

Reason for Sale:
Other Business Interests

Financials

Asking Price:$450,000
Down Payment:Negotiable
Gross Sales:$5,000,000
Discretionary Cash Flow:$495,000
FF&E:$45, 000
Inventory Included?yes
Inventory:$500,000
Minimum Operating Capital:$350,000
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:$5600/month
Payroll:$18,000/month
Financing:Call

Gross Sales
Gross Profit
Disc. Earnings

* YTD as of , ** = Prorated.

Broker Info


Arthur B. Kessler
Business Broker
(310) 882-2200 ext 126
LIC# 01227004

Summary

PRICED TO SELL!!! Turn salvaged vehicles into cash.This is a recession resistant business at a bargain price. The successful, established auto broker and parts dealer is offered at an excellent price due to the Owner's other business opportunities and interests. Substantial working capital is required to purchase and repair salvaged vehicles for sale to the public. The very large lot and quality office space make this a complete business package.The business presently sells parts online. On site parts sales may be added to increase revenue. The unique methodology requries someone with a knowledge of vehicles and vehicle repair. If you have such knowledge this is an incredible deal.

Interested parties should register at www.bizex.net and contact Arthur Kessler at 310 882-2200 x126.


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.