Seller's Contact Information
- RE: Auto Repair Shop With Excellent Reputation
- Contact: Shailendra Gupta
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $360,515 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $133,218 | |
Total Debt: | Not Disclosed | |
FF&E: | 33,100 | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 1 | |
BBN Listing #: | 965263668 | |
Broker Reference #: | 012722-646613 |
Business Overview:
Highly profitable auto repair shop with excellent reputation
Transworld Business Advisors of Fremont DRE# 02194963 presents:
This family owned and operated auto repair shop provides a complete range of repair and maintenance services for all makes and models of cars, trucks and SUVs whether imported or domestic. The father and son team have built an great reputation over the last 15 years they have run the shop, as evidenced by their loyal clientele and excellent reviews on Google and Yelp.
Located in a very clean, well kept commercial area in Newark, the shop has 2 lifts and all the equipment needed to run a successful auto repair business. A 3rd lift can be added by the new owner if desired.
The family is planning to relocate to Florida after selling the business, so the owner is really motivated and is only asking 1.5x cash flow! The new owner should have automotive tech experience or bring along someone who does.
Agent: Shailendra Gupta DRE# 02169356
There is significant potential upside for the new owner. The shop is currently open on weekdays only, so adding weekend hours can easily boost sales. The shop also has smog test equipment but no license - the new owner can acquire a license and start offering highly profitable smog test services. Also, a 3rd lift can be added.
The 2,625 sq. ft. facility includes an office/waiting room and shop with 2 lifts. Located near a busy intersection with plenty of parking.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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