Executive Summary

Business Description

Line-x Bed Liner – Industrial Coatings and Truck Accessory Franchise

Business Summary

Located in the South Bay area of Los Angeles, this well-established business (established in 1999) is now available. Owner operated, this profitable business services a large base of diversified clients with spray-on coatings and truck accessories. Sales have continued to increase over the past two years, and 2011 is projected to be a minimum of ten percent over 2010.
Knowledge of the industry is not necessary. Franchisor will train. Understanding marketing, sales, and a Profit and Loss statement is more important for the successful operator.

General Information

Employees - Owner/Operator. Currently interviewing for one employee.

Facility - 3400 sq. ft. including office, showroom, lobby and workshop. Lease rate $2750 a month gross lease including CAMS.

Price Includes - Furniture, Fixtures, and Equipment. Inventory included. 2002 Ranger shop truck with 12,000 miles.

Support/Training - Franchisor provides one week of required training at a corporate facility and two weeks onsite.

Reason for Selling - Family relocation out of state.

Asking Price - $159,000 Reduced for quick sale. Owner has commitments out of state. Owner will carry a reasonable note for a qualified buyer.

Gross Revenue Projected 2011 - $236,028

Seller's Discretionary Earnings Projected 2011 - $130,000