Auto Body, Paint & Repairs

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Background

BizEx ID:BizEx851-AK
General Location:Glendale, CA
Category: Auto Repair, Parts & Services
Auto Body
Years in Business:20
Under Present Owner:20
Hours of Operation:mon-fri 7:30-5, sat 8-12
Owner Hours:mon-fri 7:30-5, sat 8-12
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:new lease
Lease Options:TBD5
Building Size:6,000
Employees:6
Reason for Sale:other business interests

Financials

Asking Price:$700,000
Down Payment:Negotiable
Gross Sales:$829,439
Discretionary Cash Flow:$378,810
FF&E:$200,000
Inventory Included?
Inventory:$2,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$12,667
Payroll:$16
Financing:Call




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

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