Auto Specialties

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Background

BizEx ID:BizEx1011-AK
General Location:San Fernando Valley, CA
Category: Auto Repair, Parts & Services
Automotive
Years in Business:59
Under Present Owner:11
Hours of Operation:mon.-fri. 8-5 sat. 8-2
Owner Hours:mon.-fri. 8-5 sat. 8-2
Training:4 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:11/2021
Lease Options:two 5 yr
Building Size:5000
Employees:7
Reason for Sale:Other Business Interests

Financials

Asking Price:$395,000
Down Payment:Negotiable
Gross Sales:$784,568
Discretionary Cash Flow:$175,000
FF&E:$175,000
Inventory Included?No
Inventory:$100,000
Min. Operating Capital:$40,000
Real Estate Available?No
Rent:$7,000
Payroll:$9,000
Financing:Other




Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

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