Oxnard Tire Shop For Sale – 2013 Net $190,000+/ Long Term Lease Asking – $399,000

Oxnard Tire Shop For Sale - 2013 Net $175,000+/ Long Term Lease Asking - $399,000 In 2013 the net profit was around $190,000+/ . $80,000 in inventory. There is also a lot of just in time inventory in the area. Roll right into success. This well-established, full service auto repair & tire business is located in the heart of Oxnard and has been in business since 1972. This beautiful free standing building is in great condition, and is approximately 4,200 square feet. Also, very close by are many car dealerships. Long term lease in place $4,900 per month. The business is completely equipped with 4 lifts, 1 drive-up alignment rack, overhead oil, a fluid dispenser, 4 brake lathes, and 2 Euro tire machine changers and much more state of the art equipment. Lots of other newer equipment as well. The business is about 70%+/ - 75%+/ tires and 20%+/ - 25%+/ mechanical and maintenance related. With a total of 8 employees, whom are very experienced and talented, they play an integral … [Read more...]

Selling Your Business? Expect the Unexpected!

Selling Your Business? Expect the Unexpected! According to the experts, a business owner should lay the groundwork for selling at about the same time as he or she first opens the door for business.  Great advice, but it rarely happens.  Most sales of businesses are event-driven; i.e., an event or circumstance such as partnership problems, divorce, health, or just plain burn-out pushes the business owner into selling.  The business owner now becomes a seller without considering the unexpected issues that almost always occur.  Here are some questions that need answering before selling: How much is your time worth? Business owners have a business to run, and they are generally the mainstay of the operation.  If they are too busy trying to meet with prospective buyers, answering their questions and getting necessary data to them, the business may play second fiddle.  Buyers can be very demanding and ignoring them may not only kill a possible sale, but will also reduce the purchase … [Read more...]

What is the deal with deal glue and why do I need it? Jason Alan Los Angeles Business Broker

by Jason Alan, Los Angeles Business Broker After continuously witnessing the intangible aspects of each and every business transaction I have experienced, I had to come up with a word that contained them all.  Trust, confidence, good faith, and deal strength are the traits that hold each deal together.  Industry experts agree that most deals have a tendency to fall apart 3 times before close, thus deal glue was born. The Bonding Agent A business broker handles many aspects of the transaction.  The broker confidentially manages the confidential marketing process behind selling a business.  You can think of the broker as a catalyst, something that ignites a reaction between two elements.  The broker brings buyer and seller together to form a bond, while at the same time acting as a mediator between them.  Finally, the broker handles all of the paperwork so everything gets done right. A seasoned Business Broker usually posses a certain set of skills to effectively mediate any … [Read more...]