This listing is: Off Market
Background
| BizEx ID: | BizEx1202-AK |
| General Location: | San Fernando Valley, CA |
| Category: |
Auto Repair, Parts & Services
Auto Body
|
| Years in Business: | 15 |
| Under Present Owner: | 15 |
| Hours of Operation: | m-f 7:30am-5pm; sat 8am-noon |
| Owner Hours: | m-f 7:30am-5pm; sat 8am-noon |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | TBD |
| Lease Options: | TBD |
| Building Size: | 6,000 sf |
| Employees: | 6 |
| Reason for Sale: | retirement |
Financials
| Asking Price: | $1,295,000 |
| Down Payment: | Negotiable |
| Gross Sales: | $1,162,430 |
| Discretionary Cash Flow: | $538,257 |
| FF&E: | $200,000 |
| Inventory Included? | No |
| Inventory: | $5,000 |
| Min. Operating Capital: | $50,000 |
| Real Estate Available? | No |
| Rent: | $18,000 |
| Payroll: | $17,333 |
|---|
| Financing: | SBA |
|
2018 | 2017 | 2016 |
| Gross Sales |
$ 1,162,430 | $ 1,250,076 | $ 1,117,308 |
| Gross Profit |
$ 755,574 | $ 832,769 | $ 741,110 |
| Disc. Earnings |
$ 538,257 | $ 539,799 | $ 412,949 |