$2,500,000
Auto Body Shop
- Status: Sold
- Price: $980,000
Anne Shay
- License No:
- DRE #02111828
- Email:
- anne@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 415-601-7776
Description
Asking price is $980,000
SBA Lender Prequalified for $1Million
Thriving Autobody shop located in a prime area of Alameda County, with 8
employees grossing $1.5m and nets $250k per year. Business started by owner 18 years ago, operates on a 10,000 SF building with an open floor plan, plus an additional large outdoor fenced lot that stores up to 30 cars. Facility is ultra clean, outfitted with 1 paint booth, a 2 nd drive-through chamber curing oven, and a paint mixing work booth, plus a large customer waiting area and office. Permits for spray booth operations grandfathered in from start-up 18 years ago.
Seller claims — Monthly Gross: $120,000, SDE: $375,000, Rent $7905 month – 3 years left on lease, with 2 x 5year extension – expires 2037. Payroll: $42K/month excluding owner, Seller willing to train for up to 6 months to help transition Buyer.
Reason for Selling: Retirement
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Auto Body Shop
License(s) Required:
Hours of Operation:
8 AM-6 PM, Sun Closed
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4430
Date Available:
07/11/2024
Reason For Sale:
retirement
Financial Information
- Annual Total:
- 1,440,000
- Revenue:
- Annual Net Income:
- 250,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 7,905
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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