Best Auto Services in Los Angeles
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Background
| BizEx ID: | BizEx1283-AK |
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| General Location: | Los Angeles, CA |
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| Category: |
Auto Repair, Parts & Services
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| Years in Business: | 41 |
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| Under Present Owner: | 41 |
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| Hours of Operation: | 8am-5pm mon-fri |
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| Owner Hours: | 8am-5pm mon-fri |
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| Training: | 1 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 2022 |
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| Lease Options: | none |
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| Building Size: | 1,000 sf |
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| Employees: | 2 |
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| Reason for Sale: | retirement and health |
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Financials
| Asking Price: | $89,500 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $255,734 |
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| Discretionary Cash Flow: | $76,045 |
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| FF&E: | $25,000 |
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| Inventory Included? | No |
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| Inventory: | $2,500 |
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| Min. Operating Capital: | $10,000 |
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| Real Estate Available? | No |
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| Rent: | $3,900 |
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| Payroll: | $3,078 |
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| Financing: | Other |
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|
2018 |
| Gross Sales |
$ 255,734 |
| Gross Profit |
$ 129,162 |
| Disc. Earnings |
$ 76,045 |
