One-of-a-Kind Auto Body Shop in Greater El Monte, CA
Home / Listing / One-of-a-Kind Auto Body Shop in Greater El Monte, CA
Background
| BizEx ID: | BizEx1434-AK |
|---|---|
| General Location: | Greater El Monte, CA |
| Category: |
Auto Body Automotive |
| Years in Business: | 7 |
| Under Present Owner: | 7 |
| Hours of Operation: | mon-fri 8am-5pm; |
| Owner Hours: | mon-fri 8am-5pm; |
| Training: | 8 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: | $7,500,000 |
|---|---|
| Down Payment: | $750,000 |
| Gross Sales: | $7,871,238 |
| Discretionary Cash Flow: | $4,935,617 |
| FF&E: | $100,000 |
| Inventory Included? | Yes |
| Inventory: | $100,000 |
| Min. Operating Capital: | $100,000 |
| Real Estate Available? | No |
| Rent: | $25,000 |
| Payroll: | $30,000 |
| Financing: | SBA |
| 2023 | 2024 | |
|---|---|---|
| Gross Sales | $ 6,470,677 | $ 7,871,238 |
| Gross Profit | $ 4,145,449 | $ 6,099,309 |
| Disc. Earnings | $ 2,966,626 | $ 4,900,759 |
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.
Permitted spray booth.
The business has multiple DRPs.
Location has a large lot that allows for storage and room to grow the business.
Significant fleet revenue.
Proof of funds is required before the Seller will release financial details.
The sale of vehicle parts online adds another revenue center.
Business is SBA pre-approved.
Seller wants a one year consulting agreement requiring twenty hours per week and compensation of $500,000 per year with a two year Seller option.
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.
