Fantastic Wrecking Yard in Torrance
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Background
| BizEx ID: | BizEx1448-AK |
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| General Location: | Greater Torrance, CA |
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| Category: |
Automotive Dealers
Auto Repair, Parts & Services
|
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| Years in Business: | 15 |
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| Under Present Owner: | 15 |
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| Hours of Operation: | mon-fri 8am-5pm |
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| Owner Hours: | mon-fri 8am-5pm |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | new lease |
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| Lease Options: | new lease |
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| Building Size: | 1500 sf |
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| Employees: | 6 |
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| Reason for Sale: | Other Business Interests |
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Financials
| Asking Price: | $595,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $3,997,191 |
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| Discretionary Cash Flow: | $300,468 |
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| FF&E: | $70,000 |
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| Inventory Included? | Yes |
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| Inventory: | $100,000 |
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| Min. Operating Capital: | $100,000 |
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| Real Estate Available? | No |
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| Rent: | $5,500 |
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| Payroll: | $25,000 |
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| Financing: | SBA |
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|
2023 | 2022 | 2021 |
| Gross Sales |
$ 3,997,191 | $ 4,352,586 | $ 3,352,029 |
| Gross Profit |
$ 531,232 | $ 442,392 | $ 409,530 |
| Disc. Earnings |
$ 300,468 | $ 277,482 | $ 249,544 |
