Used Car Dealer - Prime LA Beach Area - HUGE PRICE REDUCTION
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Background
| BizEx ID: | BizEx1181-EM |
|---|---|
| General Location: | South Bay of LA, CA |
| Category: |
Automotive Dealers Other Travel and Transportation |
| Years in Business: | 16 |
| Under Present Owner: | 16 |
| Hours of Operation: | 9:00 am - 6:30 pm |
| Owner Hours: | Same |
| Training: | 2 weeks @ 4 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | |
| Lease Options: | New Lease to Qualified Buyer |
| Building Size: | 400 |
| Employees: | 2 |
| Reason for Sale: | Other Opportunities |
Financials
| Asking Price: | $95,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $1,200,000 |
| Discretionary Cash Flow: | $140,000 |
| FF&E: | $10,000 |
| Inventory Included? | No |
| Inventory: | $50,000 |
| Min. Operating Capital: | $50,000 |
| Real Estate Available? | No |
| Rent: | $4,000 |
| Financing: | SBA |
| 2017 | 2016 | 2015 | |
|---|---|---|---|
| Gross Sales | $ 1,200,000 | $ 1,110,000 | $ 1,250,000 |
| Gross Profit | $ | $ | $ |
| Disc. Earnings | $ 140,000 | $ 110,000 | $ 150,000 |
