Smog Test Only Business in LA - Established &
BizEx1119-EM
Background
| BizEx ID: | BizEx1119-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Auto Repair, Parts & Services Automotive |
| Years in Business: | 12 |
| Under Present Owner: | 12 |
| Hours of Operation: | 8:00 - 6:00, Monday - Saturday |
| Owner Hours: | 8:00 - 6:00 Monday - Saturday |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | C-Corp |
| Lease Expiration: | 2023 |
| Lease Options: | |
| Building Size: | 1400 |
| Employees: | 2 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $311,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $307,000 |
| Discretionary Cash Flow: | $169,930 |
| FF&E: | $15,000 |
| Inventory Included? | Yes |
| Inventory: | $3,000 |
| Min. Operating Capital: | $20,000 |
| Real Estate Available? | No |
| Rent: | $2,100 |
| Payroll: | $2 |
| Financing: | Buyer |
| 2019 | 2018 | 2017 | |
|---|---|---|---|
| Gross Sales | $ 310,000 | $ 305,000 | $ 300,000 |
| Gross Profit | $ 140,000 | $ 140,000 | $ 135,000 |
| Disc. Earnings | $ 170,000 | $ 165,000 | $ 165,000 |
