Business for Sale

Ventura County Auto Service

BizEx895-KF

Background

General Location:Camarillo, CA
Category: Auto Repair, Parts & Services
Years in Business:20+
Under Present Owner:10
Hours of Operation:M-F 7:30-5:00
Owner Hours:M-F 7:30-5:00
Training:2 weeks @ 20 hours
Organization Type:Sole Proprietor
Lease Expiration:June 2017
Lease Options:
Building Size:3,000
Employees:4
Reason for Sale:Retirement

Financials

Asking Price:$180,000
Down Payment:$180,000
Gross Sales:$400,000
Discretionary Cash Flow:$90,000
FF&E:$35,000
Inventory Included?Yes
Inventory:$15,000
Min. Operating Capital:$15,000
Real Estate Available?No
Rent:$5,985
Payroll:$8,000
Financing:Call

Description

 Business for sale is a well established, niche automotive repair shop that has been profitable for many years.  Over 25 years in operation and 10 under the current owner.  Everything is in place for a new owner to take over this turn key operation as the seller has made plans to move out of state.  This business is not a franchise although the clean and organized fashion that it puts forth would make one think it was.  While a new owner would ideally have some background in the industry, someone who has general small business ownership experience and is good at sales and marketing might find this an interesting opportunity as well.  For more information please good to www.bizex.net and register as a buyer or call Kendric Foultz directly at 310-968-2369 prior to registering to see if this fits your needs.


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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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Kendric Foultz, CBB
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005