Business for Sale

Body Beautiful

BizEx1202-AK

Background

General Location:San Fernando Valley, CA
Category: Auto Repair, Parts & Services
Auto Body
Years in Business:15
Under Present Owner:15
Hours of Operation:m-f 7:30am-5pm; sat 8am-noon
Owner Hours:m-f 7:30am-5pm; sat 8am-noon
Training:4 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:TBD
Lease Options:TBD
Building Size:6,000 sf
Employees:6
Reason for Sale:retirement

Financials

Asking Price:$1,695,000
Down Payment:Negotiable
Gross Sales:$1,250,076
Discretionary Cash Flow:$633,858
FF&E:$200,000
Inventory Included?No
Inventory:$5,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$18,000
Payroll:$16,000
Financing:SBA

2017
Gross Sales $ 1,250,076
Gross Profit $ 835,470
Disc. Earnings $ 633,858

Description

15 years of excellence have made this business the best and most successful auto body/auto services business  in Greater Los Angeles.

This full-service auto business does all body work and repairs at a perfect location on a busy main street with great visibility.

Turnkey operation on a large lot.

Fully permitted spray booth and frame machine.

Great reputation built on excellent customer service.

Highest quality workmanship by skilled technicians.

Loyal customer base.

Owner wishes to retire.

Interested parties please go to www.bizex.net and register as a buyer then call Arthur Kessler at 310 882-2200 x126

 


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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.

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Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004