Wrapit

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Background

BizEx ID:BizEx1309-AK
General Location:san fernando valley, CA
Category: Business Services
Automotive
Years in Business:1981
Under Present Owner:1981
Hours of Operation:mon-fri 9am-5pm
Owner Hours:mon-fri 9am-5pm
Training:4 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:7/1/2020
Lease Options:
Building Size:1688 sf
Employees:3
Reason for Sale:moving out of state

Financials

Asking Price:$445,000
Down Payment:Negotiable
Gross Sales:$485,549
Discretionary Cash Flow:$196,490
FF&E:$75,000
Inventory Included?No
Inventory:$3,800
Min. Operating Capital:$20,000
Real Estate Available?No
Rent:$1,800
Payroll:$6,500
Financing:SBA

2019
Gross Sales $ 485,549
Gross Profit $ 485,549
Disc. Earnings $ 196,490

Pictures


Description

Fabulous opportunity to own a successful business the stayed open during the pandemic.

Wrapit does color or solid wraps of vehicles from law enforcement to business to private.

Wrapping is the most recent form of advertising.

Digital wraps are a combination of most effective and least expensive form of advertising.

Tremendous growth opportunity.

Great location.

Excellent books and records.

The business is pre-approved for an SBA loan.

The Owner's family is moving out of State.

Interested parties please go to www.bizex.net 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