Luxury Wheels & Rims: Premium Automotive Parts in LA
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This listing is: Off Market
Background
| BizEx ID: | BizEx1399-SL |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Automotive eCommerce |
| Years in Business: | 10 |
| Under Present Owner: | all |
| Hours of Operation: | 9am-6pm |
| Owner Hours: | varies |
| Training: | 4 weeks @ 30 hours |
| Organization Type: | C-Corp |
| Lease Expiration: | July 2025 |
| Lease Options: | |
| Building Size: | 5,000 |
| Employees: | 7 |
| Reason for Sale: | Personal Reasons and other career interests |
Financials
| Asking Price: | $1,195,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,216,838 |
| Discretionary Cash Flow: | $264,968 |
| FF&E: | |
| Inventory Included? | No |
| Inventory: | $50,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $7,600 |
| 2022 | 2021 | 2020 | |
|---|---|---|---|
| Gross Sales | $ 2,400,000 | $ 2,700,000 | $ 3,000,000 |
| Gross Profit | $ 769,000 | $ 800,000 | $ 806,000 |
| Disc. Earnings | $ 392,000 | $ 448,000 | $ 423,000 |
