Sold
Background
| BizEx ID: | BizEx1011-AK |
|---|---|
| General Location: | San Fernando Valley, CA |
| Category: |
Auto Repair, Parts & Services Automotive |
| Years in Business: | 59 |
| Under Present Owner: | 11 |
| Hours of Operation: | mon.-fri. 8-5 sat. 8-2 |
| Owner Hours: | mon.-fri. 8-5 sat. 8-2 |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 11/2021 |
| Lease Options: | two 5 yr |
| Building Size: | 5000 |
| Employees: | 7 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $395,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $784,568 |
| Discretionary Cash Flow: | $175,000 |
| FF&E: | $175,000 |
| Inventory Included? | No |
| Inventory: | $100,000 |
| Min. Operating Capital: | $40,000 |
| Real Estate Available? | No |
| Rent: | $7,000 |
| Payroll: | $9,000 |
| Financing: | Other |
