Finest Auto Body & Tow Company

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Background

BizEx ID:BizEx1356-AK
General Location:Azusa, CA
Category: Auto Repair, Parts & Services
Automotive
Years in Business:3
Under Present Owner:3
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:10,000sf
Employees:8
Reason for Sale:Other Business Interests and moving

Financials

Asking Price:$850,000
Down Payment:Negotiable
Gross Sales:$2,507,390
Discretionary Cash Flow:$800,353
FF&E:$180,000
Inventory Included?Yes
Inventory:$100,000
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$15,000
Payroll:$15,015
Financing:SBA

2020 2019 partial
Gross Sales $ 2,507,390 $ 966,292
Gross Profit $ 1,502,322 $ 391,012
Disc. Earnings $ 800,353 $ 75,741

Pictures


Description

A collision center-tow company combination like no other.

If you have auto body experience do not miss the opportunity to acquire this unique business.

Utilizing a unique marketing method to dramatically grow this business during the pandemic.

The body shop has a DRP and the tow company has insurance contracts..

This turnkey operation has all the pieces and makes lots of money including a cash component and a permitted paint booth.

Location has a large lot that allows for storage and room to grow the business.

The sale of vehicle parts online adds another revenue center.

Financial information is from full year 2020.

Interested parties please register as a buyer at www.bizex.net then call Arthur Kessler at 310 650-7900 or email akessler@bizex.net.

 


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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