Smog Test Only Co, Establish. Cash Receipts. Well Documented. LA

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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




Eric Mellem
Business Broker/ M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Arthur B. Kessler
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
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