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:$385,000
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




Arthur B. Kessler
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
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