AAA Tow Truck Co, 40 yrs Prime LA

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Background

BizEx ID:BizEx1184-EM
General Location:Los Angeles, CA
Category: Other Travel and Transportation
Automotive
Years in Business:40
Under Present Owner:3
Hours of Operation:7:00am - 6:00pm, Mon - Sat
Owner Hours:Part-Time
Training:4 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:Month to Month
Lease Options:
Building Size:3,000
Employees:18
Reason for Sale:Other Opportunities

Financials

Asking Price:$1,600,000
Down Payment:Negotiable
Gross Sales:$2,000,000
Discretionary Cash Flow:$500,000
FF&E:$730,000
Inventory Included?Yes
Inventory:$15,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$1,300
Payroll:$40,000
Financing:SBA

2019 2018 2017
Gross Sales $ 1,995,000 $ 1,885,000 $ 1,300,000
Gross Profit $ $ $
Disc. Earnings $ 510,000 $ 500,000 $ 500,000




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Don Mellem
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922

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