Business For Sale

Japanese Import Auto Repair Services Company

San Luis Obispo, CA
San Luis Obispo County


Asking Price: Annual Revenue:
$425,000 $996,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Japanese Import Auto Repair Services Company Broker: Gary Bayus, #01377597

Quick Facts

Asking Price: $425,000
Annual Revenue: $996,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 5
BBN Listing #: 855831127
Broker Reference #: 4901-80208

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Business Overview:

Out of state Owner, he averages eight to ten days per month in town. Automotive repair and maintenance for Japanese imports, specializing in Honda and Acura.
At La
Wide range of services offered include:
Diagnostics using state of the art tools
Inspections
Scheduled Maintenance
Lube, oil & filter
Engine Repair
Electrical Systems

4.5 Stars on Yelp, ~61 reviews
4.5 Stars Google, ~25 reviews
4.9 Stars www.Surecritic.com, ~542 reviews

Current Owner recommends adding an alignment rack and create a new profit center in tires.

Investment Opportunity (Company Strengths):
* Established, over 30 years in business
* Outstanding reputation
* Seller financing available
* Seller willing to transition long term
* Management & experienced staff/skilled employees in place
* Saturday, Sunday and Holidays closed
* Location – the BEACH “Live the Dream” in San Luis Obispo County. The San Luis Obispo area is recognized as one of the best places in the country to live for its recreational opportunities and quality of life.

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Property Features and Assets:

Rent: Currently $7,000 per month ($3.50 square feet) for ~2,000 square feet, no NNN Will be $4,000 per month ($1.00) for ~4,000 square feet no NNN Business is being relocated now to a space twice as large with significantly less rent. Lease: Five year plus (1) five year option. All offers are contingent upon the buyer obtaining acceptable lease terms and conditions. Lease Security Deposit: Typically one month’s rent.

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.

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