Business For Sale

70+ Year Old Auto Repair Shop

San Gabriel Valley, CA
Los Angeles County


Asking Price: Annual Revenue:
$149,900 $427,665

Automotive & Boats: Gas Stations


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RE: 70+ Year Old Auto Repair Shop Broker: Frank Costa
License #: 01324936

Quick Facts

Asking Price: $149,900
Annual Revenue: $427,665
Net Profit: Not Disclosed
Cash Flow: $109,217
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1946
Employees: Not Disclosed
BBN Listing #: 109138449
Broker Reference #: PASADCA001-N1788

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Business Overview:

Soon to retire husband (technician) and wife (service writer) team have owned and operated this Pasadena neighborhood auto repair shop and smog center since 1981. The 72-year old business was actually started in 1946! Both work full time. Offering 24 month 24,000 mile warranties, this shop relies on word of mouth advertising, its website and extensive database of repeat customers. There is no additional print or social media advertising in place to drive new business. Located 2 blocks from a Metro Gold Line station, most clients live within 7 miles and drop off cars and walk to the train station.There has been a growing demand for RV repair and high-end European car service the company is not currently offering and that a buyer could capitalize on to increase revenue. No commercial accounts are in place which would increase sales and they only work M-F. There are 4 in-ground lifts inside and a 15,000 sq. ft. lot to accommodate large vehicles. All equipment is reported by the seller to be in good condition. Sellers will offer substantial support after the sale to insure a smooth transition.For more information, please contact Frank Costa at (818) 653-3480 or at frank.costa@sunbeltnetwork.com.

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Property Features and Assets:

Real Estate License ID: 01324936

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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