Midas Plus

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Background

BizEx ID:BizEx259-AK
General Location:Glendale, CA
Category: Auto Repair, Parts & Services
Other Travel and Transportation
Years in Business:33
Under Present Owner:3
Hours of Operation:m-f 8-5, sat 8-3, sun 9-3
Owner Hours:m-f 8-5, sat 8-3, sun 9-3
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2033
Lease Options:2 5year
Building Size:6,000
Employees:4
Reason for Sale:other business interests

Financials

Asking Price:$255,000
Down Payment:Negotiable
Gross Sales:$995,000
Discretionary Cash Flow:$179,000
FF&E:$40,000
Inventory Included?
Inventory:$30,000
Min. Operating Capital:$20,000
Real Estate Available?No
Rent:$5,500
Payroll:$8
Financing:Call




Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
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