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Business For Sale
AUTOMOTIVE REPAIR BUSINESS IN WEST L.A
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Asking Price: |
$150,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Moving out of state |
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Year Established:
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2005 |
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# of Employees:
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0 Full Time; 3 Part Time |
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Yearly Revenues:
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$300,000 |
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Yearly Cash Flow:
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$85,000 |
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Monthly Payroll:
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$2,400 |
Business for Sale Overview:
For Sale is a centrally located west Los Angeles high visibility mechanic shop that deals with mid to high end vehicles. The owner has been in business for slightly over three 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 $300,000. A new owner with a little bit of marketing expertise can indeed raise this current revenue state. Also, the high cost of gas has seen an influx of current customers bringing in their old cars that are more gas friendly to be fixed up for use by the shop. 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.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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