Mike Qutami
Mike Qutami Business Broker
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Postings
Los Angeles County, California
Car Stereos And Tire Shop - Accessories
$ 350,000
For Sale: Car stereo, alarms, tires, lifting services, and more. Asking Price: $225,000 plus inventory (approximately $100,000, more or less). Size: Two free-standing buildings — one on a half lot at 6,000 sq. ft., and another at 1,600 sq. ft. Rent: $8,500 per month, including NNN. Lease Terms: 2 years with a 3-year option to renew. Number of Employees and Salaries: One employee works 6 days a week with a salary of $960 per week. One employee works 5 days a week with a salary of $1,250 per week (Suspensions). One employee works 5 days a week with a salary of $1,000 per week (Audio). The owner works 7 days a week, approximately 70 hours per week. Monthly Sales: Approximately $80,000 to $100,000 per month. Business Hours: Monday to Friday: 9:00 AM to 7:00 PM Saturday and Sunday: 9:00 AM to 5:00 PM Net Income: Approximately $15,000 to $25,000 or more per month.