Sucessful, Profitable Auto Repair with land

San Diego, CA
San Diego County

East County


Asking Price: Annual Revenue:
$905,000 $300,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Sucessful, Profitable Auto Repair with land Broker: Eugene M. O'Connor
License #: CA002
Owner Financing is Available!
SBA loan is assumable.

Quick Facts

Asking Price: $905,000
Annual Revenue: $300,000
Net Profit: $180,000
Cash Flow: $134,000
Total Debt: $248,000
FF&E: $30,000
Real Estate: $695,000
Year Established: 2001
Employees: 2
BBN Listing #: 106556908
Broker Reference #: CA002

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Business Overview:

Successful auto repair & smog shop in east county. Established in 2001, this is a very busy shop well located next to busy shopping, main street, and close to the freeway. Real Estate available for $710,000. There is an assumable loan $369,000 @ 3.9%, 15 years, p & i is $1,980.00. (owner paid $675,000 for building in 2007) owner sublets 1,750 square feet of square footage for $2,000 a month, 3 years, 8% increase yearly. Gross sales exceeds over $275,000 yearly, with one full time and one part time employees.

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Property Features and Assets:

LEASE TO OWN PLEASE CALL FOR DETAILS. Great location, across the street from Home Depot. Owner has half the building rented out and could double the size of business if you choose. Morning drive by traffic is unbelievable.

Market Competition and Expansion:

Successful auto repair & smog shop in east county. Established in 2001, this is a very busy shop well located next to busy shopping, main street, and close to the freeway. Real Estate for additional $695,000 with an assumable SBA loan.

Reason for Selling:

Retiring

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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