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Quick Facts
Asking Price: | $575,000 | |
Annual Revenue: | $1,200,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $336,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 40 | |
Employees: | Not Disclosed | |
BBN Listing #: | 239265240 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
Transmission Repair Shop Established since 1981. Been in operation over 40 years with a strong hold in the community known for its excellent service. This business holds longtime success in the auto repair industry due to their unique approach to service and repair combined with their unparalleled customer service.
Profitable Business: Enjoy a steady income from day one. Shop grosses over $1 million a year and has a an annual cash flow of over $300k a year.
Prime Location: Situated in a high-traffic area of Irvine, attracting a consistent stream of customers. Right across the way from high-end dealerships
RENT is only 5900/ month including CAM. New Owner will sign a new lease with landlord, usually 5 year leases.
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Shop is equipped with 5 bays and all equip Furniture, Fixtures, & Equipment (FF&E) Personal tools are not included in the sale.
Competition:
Strategically situated next to major shopping centers, and a bustling neighborhood, our auto repair shop enjoys a prime and easily accessible location. Positioned by a busy road, we offer convenience and top-notch service, seamlessly fitting into your daily routine.
Reason for Selling:
Early Retirement in the Auto industry. Will train new owner for 2 weeks.
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Property Features and Assets:
Building is located in the Irvine Auto Center surrounded by a vast automotive repair community. Our shop has restrictions on all of the surrounding shops so no other business can repair transmissions in the center.
Market Competition and Expansion:
This transmission shop has been established since 1981 and only has 1 close by competitor so we are dominating the market in this gem of a shop.
Reason for Selling:
Early Retirement
Additional Details:
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