General Auto Repair - Essential Business

Business Overview:

SBA Lender Pre-Qualified

Revenue $567,592 – 2019 - Last 3.5 Year Average $598,427
SDE $178,639 - Last 3.5 Years Average $175,697

2020 – 9 MONTH FINANCIALS AVAILABLE - MONTHLY PERFORMANCE ON TRACK WITH PREVIOUS YEAR – CPA PREPARED BOOKS AND TAX RETURNS.

Will Assist Buyer in Transition – Essential Business – Never Closed – Open throughout COVID 19.

30 year, profitable general auto repair shop with $178,639 cash flow in 2019. Five Star customer ratings. One staffed technician and owner generate over $550,000 per year. Three bays can service five vehicles at the same time. Excellent equipment such as:
• 5 High end lifts (3 high rise)
• New dual state of the art 1234yf and 134 AC machine
• Bendpak exhaust pipe bender and welder
• Ammco brake lathe and one in car brake lathe
• Tire equipment
• Transmission and coolant exchanger
• Corghi Artiglio Master 26 and Coats tire balancer
• Hunter scissor alignment rack with dual ramp extensions
• Touchless tire changer

New office computers and software programs. Custom marble counters tops in service area and manager’s office. Security cameras & monitor, as well as, 9 shop dedicated parking spaces.
Service all makes and models from common brands such as: Toyota, GM, and Ford to exotic brands including Ferrari and Bentley.
Good books and records prepared by an independent CPA. (5) Year lease with option to renew at below market rate – 2,700 square feet. Owner will assist and train to ensure a smooth transition, as he prepares for retirement. Very flexible to ensure confidence.

Current owner founded the shop 30 years ago and grew the business through offering 5 Star quality work and excellent customer service by knowledgeable staff.

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Property Features and Assets:

Auto Shop with 4 bays, mezzanine storage and break room. Customer waiting lounge with 2 restrooms. Current owner founded the shop 20 years ago. Grew the business by offering quality work and excellent customer service.

Market Competition and Expansion:

SMOG could be added as an additional service. Other services from detailing to auto sales could be added.

Reason for Selling:

Other business interests.

Additional Details:

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