21st Century Auto Services - Greater Moorpark, CA
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Background
| BizEx ID: | BizEx1382-AK |
| General Location: | Greater Moorpark, CA |
| Category: |
Auto Repair, Parts & Services
Automotive
|
| Years in Business: | 9 |
| Under Present Owner: | 9 |
| Hours of Operation: | 7:30 am-5:30pm |
| Owner Hours: | 7:30 am-5:30 pm |
| Training: | 3 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 4/1/22 |
| Lease Options: | 1 5yr |
| Building Size: | 5,000 sq ft |
| Employees: | 8 |
| Reason for Sale: | Moving Out of State |
Financials
| Asking Price: | $1,445,000 |
| Down Payment: | Negotiable |
| Gross Sales: | $1,763,032 |
| Discretionary Cash Flow: | $612,689 |
| FF&E: | |
| Inventory Included? | No |
| Inventory: | $3,000 |
| Min. Operating Capital: | $65,000 |
| Real Estate Available? | No |
| Rent: | $7,318 |
| Payroll: | $36,400 |
|---|
| Financing: | SBA |
|
2121 Jan-Sept | 2020 |
| Gross Sales |
$ 1,315,312 | $ 1,495,813 |
| Gross Profit |
$ 801,126 | $ 849,316 |
| Disc. Earnings |
$ 508,189 | $ 612,612 |