This listing is: Off Market
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 |