Midas Plus
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Background
| BizEx ID: | BizEx259-AK |
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| General Location: | Glendale, CA |
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| Category: |
Auto Repair, Parts & Services
Other Travel and Transportation
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| Years in Business: | 33 |
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| Under Present Owner: | 3 |
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| Hours of Operation: | m-f 8-5, sat 8-3, sun 9-3 |
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| Owner Hours: | m-f 8-5, sat 8-3, sun 9-3 |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 2033 |
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| Lease Options: | 2 5year |
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| Building Size: | 6,000 |
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| Employees: | 4 |
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| Reason for Sale: | other business interests |
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Financials
| Asking Price: | $255,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $995,000 |
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| Discretionary Cash Flow: | $179,000 |
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| FF&E: | $40,000 |
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| Inventory Included? | |
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| Inventory: | $30,000 |
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| Min. Operating Capital: | $20,000 |
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| Real Estate Available? | No |
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| Rent: | $5,500 |
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| Payroll: | $8 |
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| Financing: | Call |
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Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004
OFF MARKET
