Background
| BizEx ID: | BizEx1434-AK |
|---|---|
| General Location: | Greater El Monte, CA |
| Category: |
Auto Body Automotive |
| Years in Business: | 6 |
| Under Present Owner: | 6 |
| Hours of Operation: | mon-fri 8am-6pm; |
| Owner Hours: | mon-fri 8am-6pm; |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | C-Corp |
| Lease Expiration: | tbd |
| Lease Options: | tbd |
| Building Size: | 6000sf |
| Employees: | 6 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $9,200,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $6,470,677 |
| Discretionary Cash Flow: | $2,966,626 |
| FF&E: | $100,000 |
| Inventory Included? | Yes |
| Inventory: | $70,000 |
| Min. Operating Capital: | $100,000 |
| Real Estate Available? | No |
| Rent: | $25,000 |
| Payroll: | $39,000 |
| Financing: | Other |
| 2023 | |
|---|---|
| Gross Sales | $ 6,470,677 |
| Gross Profit | $ 4,145,449 |
| Disc. Earnings | $ 2,966,626 |
Description
A collision center like no other.
If you have auto body experience do not miss the opportunity to acquire this
special business.
Utilizing a unique marketing method to dramatically grow this business during
the pandemic and since.
This turnkey operation has all the pieces and makes lots of money including a permitted spray booth and a cash component.
The business has multiple DRPs and is I CAR certified.
Location has a large lot that allows for storage and room to grow the business.
Proof of funds is required before the Seller will release financial details.
The sale of vehicle parts online adds another revenue center.
Interested parties please register as a buyer at www.bizex.net then call Arthur
Kessler at 310 650-7900 or email akessler@bizex.net
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.
