Semi-Absentee Garage/Gate Service

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Background

BizEx ID:BizEx1009-CK
General Location:San Fernando Valley, CA
Category: Consumer Services (B2C)
Construction
Years in Business:14
Under Present Owner:14
Hours of Operation:M-F 9a-6p
Owner Hours:M-F 9a-6p
Training:8 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:N/A
Lease Options:
Building Size:1400
Employees:5
Reason for Sale:Leaving country

Financials

Asking Price:$749,000
Down Payment:Negotiable
Gross Sales:$1,553,098
Discretionary Cash Flow:$195,365
FF&E:$5,500
Inventory Included?Yes
Inventory:$5,000
Min. Operating Capital:$7,000
Real Estate Available?No
Rent:$1,520
Payroll:$9,602
Financing:Call

2015 2016 7/2017
Gross Sales $ 1,253,435 $ 1,553,098 $ 724,610
Gross Profit $ 1,253,435 $ 1,553,098 $ 724,610
Disc. Earnings $ 186,216 $ 195,365 $ 152,111




Cody King
M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 134
Direct: (805) 616-9488
Lic#: 01942507

OFF MARKET

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