Auto Repair

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Background

BizEx ID:BizEx596-AK
General Location:Glendale, CA
Category: Miscellaneous Retail
Auto Repair, Parts & Services
Years in Business:35
Under Present Owner:5
Hours of Operation:m-f 8-6, sat 8-5, sun 9-3
Owner Hours:6 or 7 days open to close
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2023
Lease Options:2 five year
Building Size:6,000
Employees:4
Reason for Sale:Other Business Interests

Financials

Asking Price:$129,500
Down Payment:Negotiable
Gross Sales:$675,000
Discretionary Cash Flow:Call
FF&E:$30,000
Inventory Included?
Inventory:$20,000
Min. Operating Capital:$17,000
Real Estate Available?No
Rent:$5,500
Payroll:$6
Financing:Call

2011
Gross Sales $ 775,000
Gross Profit $
Disc. Earnings $ 95,000




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