Fabulous Auto Services

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Background

BizEx ID:BizEx1400-AK
General Location:Santa Clarita, CA
Category: Auto Repair, Parts & Services
Automotive
Years in Business:22
Under Present Owner:22
Hours of Operation:7am-5pm mon. -sat.
Owner Hours:7am-5pm mon.-sat.
Training:4 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:2028
Lease Options:
Building Size:5000
Employees:5
Reason for Sale:Retirement

Financials

Asking Price:$935,000
Down Payment:Negotiable
Gross Sales:$831,788
Discretionary Cash Flow:$351,744
FF&E:$150,000
Inventory Included?No
Inventory:$20,000
Min. Operating Capital:$35,000
Real Estate Available?No
Rent:$3,300
Payroll:$23,500
Financing:SBA

2021 2020
Gross Sales $ 831,778 $ 671,947
Gross Profit $ 583,636 $ 474,683
Disc. Earnings $ 351,744 $ 309,438

Description

Successful, turnkey auto repair shop for sale.

Owner wishes to retire after 22 years in business.

Excellent location with lots of parking.

From engine repair to oil change and everything in between. Full range of auto services.

Loyal customer base and repeat business.

Interested parties please register as a buyer at www.bizex.net then contact Arthur Kessler at 310 650-7900. License#01227004


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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
4640 Admiralty Way, Suite 500
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