Auto Repair Shop
- Status: Available
- Price: $399,000


Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 661-816-1141
- Mobile:
- 661-816-1141
Description
Business For Sale – Auto Repair Shop
Established: 1985 (at current location since late 1980s)
Reason for Sale: Owner retiring
Key Features
– 7 service bays and 9 lifts (no pits)
– Smog & Muffler tenants on month-to-month leases; rental income included
– Current rent: $15,000/month + NNN, offset by ~$4,000/month from tenants
(below market)
– Skilled workforce: 5 mechanics + long-term independent contractors (25+
years)
– Owner to remain onboard during transition
– Strong tire sales (~30% of revenue) with opportunity to expand
Financials & Operations
– Gross Sales: $80,000 – $90,000/month ($960,000 – $1,080,000 annually)
– Labor Cost: ~$20,000/month
– Operating Hours: 7 AM – 5 PM, Monday – Friday (closed weekends)
– Rent: $15,000/month + NNN
– Inventory: ~$25,000 (at cost)
– Asking Price: $399,000 + inventory
– Seller Financing: Possible (owner may carry note)
Growth Potential
– Extend operating hours and open on weekends
– Modernize marketing: social media, SEO, local advertising
– Increase tenant rents to market levels
– Expand tire business and cross-selling opportunities
– Implement updated shop management systems and customer service
Yelp reviews highlight strong reputation, emphasizing honesty, reliability, and
fair pricing. This reputation is a valuable intangible asset that enhances goodwill.
Conclusion
This Auto Center represents a rare opportunity to acquire a long-
established, reputable auto repair business in La Crescenta with upside potential!
Please sign NDA and Provide proof of funds for more info!
Business Information
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: