Auto Repair - Foreign & Domestic

Not Disclosed, CA
San Diego County

Asking Price: Annual Revenue:
$295,000 $1,016,910

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto Repair - Foreign & Domestic Broker: Marshall Pollock

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,016,910
Net Profit: Not Disclosed
Cash Flow: $111,192
Total Debt: Not Disclosed
FF&E: $78,500
Real Estate: Not Disclosed
Year Established: 1986
Employees: 7
BBN Listing #: 929933008
Broker Reference #: 2401-801365

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Business Overview:

Auto Repair and Maintenance, Full Service . Five Star rated shop working on domestic and foreign cars and trucks. STAR Smog test and repair. ASE certified. Great location with 12 bays and 8 lifts. Located on a very busy street with 5 Full Time highly trained technicians, a Shop Manager and a Service Writer/Customer Service rep. Approximately 6,800 square feet with a very good lease expiring in August 2021. The lease an option to renew for a further 5 years..

Current Owner purchased business 3.5 years ago as an investment and has operated the business as a semi absentee owner.
An experienced, hands on, automotive entrepreneur should be able to increase the revenue and profitability over what the business is currently earning.

Revenue for 2019 is projected to be $1,016,190 with adjusted net earnings of $ 111,192. Some seller financing possible for a well qualified buyer.

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Property Features and Assets:

In business at same location for over 35years. Very well known and respected. Good growth opportunity.

Reason for Selling:

Other business interests.

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.

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