Auto Electric Repair Service
Location California,United States
Asking Price Range < $250K
Gross Revenues $130000
Net Profit / Cash Flow $66300
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1976
Number of Employees 1 - 3
Inventory 40,000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks
Description This respected auto repair service has been successfully operated for the past 31 years in San Luis Obispo County. It is a one-man, hands-on operation operating within two full service bays, which the owner will lease to a buyer of this business. This is an excellent opportunity for an energetic inself-starterin, someone who would like to work hands-on at solving and fixing his customer's automotive problems, while being his own boss and building for the future. With $30,000 down, the buyer would have a $58,000 annual income after expenses and loan payments. FULL PRICE ONLY $75,000.
Included in the price of this business is extensive test equipment, tools, and other equipment. Also included in the price is approximately $30,000 in inventory of replacement parts. Additionally, the seller has agreed to provide the buyer with two weeks of full time training in the business aspects of running this business, and will also provide the buyer with a covenant-not-to-compete for a period of 10 years within 75 miles of this location. This business has been pre-qualified for an SBA Guaranteed 7A acquisition loan for 80% of the price. Contact for more information on this Auto Electric Repair business for sale.
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