Finest Auto Body & Tow Company

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This listing is: Off Market

Background

BizEx ID:BizEx1356-AK
General Location:Azusa, CA
Category: Auto Repair, Parts & Services
Automotive
Years in Business:4
Under Present Owner:4
Hours of Operation:8am-6pm mon-fri, sat 8am-2pm
Owner Hours:
Training:8 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:tbd
Lease Options:tbd
Building Size:5,000sf
Employees:5
Reason for Sale:Other Business Interests and moving

Financials

Asking Price:$785,000
Down Payment:Negotiable
Gross Sales:$1,803,780
Discretionary Cash Flow:$490,531
FF&E:$180,000
Inventory Included?Yes
Inventory:$100,000
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$11,000
Payroll:$23
Financing:SBA

2021 2020 2019 partial
Gross Sales $ 1,803,780 $ 1,907,390 $ 966,292
Gross Profit $ 1,295,408 $ 1,290,442 $ 391,012
Disc. Earnings $ 490,757 $ 486,546 $ 95,741

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