Automotive Repair Business
Location California,United States
Asking Price Range < $250K
Gross Revenues $300000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Inventory 32000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Moving out of state.
Description Centrally located west Los Angeles high visibility mechanic shop for sale, that deals with mid to high end vehicles. The owner has been in business for over four years with an extensive client list. The business also has ongoing contractual service agreements with 2 taxi companies, servicing all their vehicles every month. The business is located in a lot with other complementary businesses. There are two experienced part time workers who can switch to full time if the new owner has no auto repair experience and need them to perform full time. The good news about this business is that it runs almost without any marketing and it is still very profitable. The gross revenue for 2007 and 2008 was over $300K. A new owner with a little bit of marketing expertise can indeed raise this current revenue state. The current owner is an experienced mechanic who has been in the business for over 7years. The combined experience of the two part time workers can supplement for his departure. Although the owner prefers the potential new buyer to have automotive experience, he is willing to train before departure. The current owner is moving out of state due to family commitments. Interested parties should email or call Samson A. Okhade at 310-882-2200 x 107 for more details on this exciting opportunity.
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