21st Century Auto Services

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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

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