Automotive Repair Biz in West L.A

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Background

BizEx ID:BizEx76-JD
General Location:3817 Selpulveda #i Culver City, CA
Category: Services
Automotive
Years in Business:3
Under Present Owner:3
Hours of Operation:Mon-Sat 8am-5pm
Owner Hours:40
Training:3 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:Expires in 2011. Reneweable.
Building Size:1,900
Employees:3
Reason for Sale:Moving out of state

Financials

Asking Price:$80,000
Down Payment:Negotiable
Gross Sales:$300,000
Discretionary Cash Flow:$85,000
FF&E:$30,000
Inventory Included?
Inventory:$2,000
Min. Operating Capital:$5,000
Real Estate Available?No
Rent:$4,000
Payroll:$2
Financing:Call




John DeGolyer
Business Broker
4551 Glencoe Ave, Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 109
Direct: (310) 463-4835
Lic#: 01859016

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