Full Service Auto Shop
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $520000
Net Profit / Cash Flow $152000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1986
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller will provide training for 4 weeks at 20 hours / week.
Reason for Sale Retirement.
Description Clean books, owner not a mechanic, fully staffed, and fully equipped with 5 bays, 5 lifts, and dyno. This full service auto repair and smog center is the number one shop in this desert community, with more than a 100,000 registered vehicles in its marketing area. In business for 22 years, this well known and loved by customers business does it all; lube and oil change, CA certified smog station, engine tune ups and heavy repairs, A/C Service, Diagnostic gear with many other test components, and a distributor for key aftermarket parts. The current owner is retiring, but will provide ample systems training, license transfer and customer transition.
This opportunity includes the real estate at $840,000. The shop building is 2,971 sq. feet and sits on a 16,000 plus square foot lot. Located on a high visibility corner along the main thoroughfare, the property has multiple application potential; a fast food location, fuel and mini mart center, or there is ample room to add a used car center to the existing business. In addition, all of this in a midsized community with exceptional year round weather, good schools, and a low stress lifestyle.
The books and records for this business are excellent, and depending upon the buyer's qualifications, the purchase will qualify for a 25-year SBA loan inclusive or the real estate. Alternatively, or in addition to, the owner will participate in some level of seller financing depending upon the buyer's qualifications. Email or call Peter Patel at (310) 539-8300 for more information on this Auto Shop for sale.
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