Listing Expired

Business For Sale

Automotive & Boats: Gas Stations


Auto Engine Rebuilding - Established 14 Years

Los Angeles - Foothills Area, CA

Asking Price: Annual Revenue:
$525,000 $1,080,000

Business Overview:

Business has been established for 14 years - rebuilds all types of auto engines. Business is located in a 5,000 sq. ft. building and operated on 5 1/2 days per week. They have a long term lease with reasonable rent. Business nets $216,000 per year currently and previously netted $275,000 before the economy slowed down. Approximately $50,000 worth of equipment is included in the price. Long term employees with monthly payroll about $14,000. The business averages 9 engines per week- all cash business- no checks or credit cards. Seller will remain for Eight weeks for training and will provide a Covenant Not To Compete. Seller is retiring. A Non-Disclosure Agreement and Financial Statement will be required.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO CART button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Located in a 5,000 sq. ft. building on a large fenced lot. They have a long term lease with reasonable rent. Approximately $50,000 worth of equipment is included in the price. Seller will remain for Eight weeks for training and will provide a Covenant Not To Compete. Seller may carry up to $200K for a qualified Buyer. PRICE REDUCED

Market Competition and Expansion:

Business is well established after 14 years with lots of repeat customers.

Reason for Selling:

Retirement.

Additional Details:

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

Request More Information
Contact the Seller

RE: Auto Engine Rebuilding - Established 14 Years Broker: John Orienza BIR Business Brokers
Owner Financing is Available!
Seller may carry small amount for a qualified Buyer

Quick Facts

Asking Price: $525,000
Annual Revenue: $1,080,000
Net Profit: $216,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 5
Listing Number: 3759238

Sign Up for Listings
by Email

Have listings emailed to you daily

GET STARTED NOW

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!