Best Auto Services

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Background

BizEx ID:BizEx1283-AK
General Location:Los Angeles, CA
Category: Auto Repair, Parts & Services
Years in Business:41
Under Present Owner:41
Hours of Operation:8am-5pm mon-fri
Owner Hours:8am-5pm mon-fri
Training:1 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:2022
Lease Options:none
Building Size:1,000 sf
Employees:2
Reason for Sale:retirement and health

Financials

Asking Price:$115,000
Down Payment:Negotiable
Gross Sales:$255,734
Discretionary Cash Flow:$76,045
FF&E:$25,000
Inventory Included?No
Inventory:$2,500
Min. Operating Capital:$10
Real Estate Available?No
Rent:$3,900
Payroll:$3
Financing:Other

2018
Gross Sales $ 255,734
Gross Profit $ 129,162
Disc. Earnings $ 76,045

Description

Priced to sell.

41 years of success.

excellent mechanic on staff.

great West LA location.

Owner wants to retire.

Loyal and devoted customer base due to years of quality customer service.

Small shop with one lift and hoist.

Interested patries go to www.bizex.com and register as a buyer then call Arthur Kessler at 310 882-2200 x126 or cell 310 650-7900

 

 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




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