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Auto Repair

  • Status: Pending
  • Price: $450,000

John Irvine

License No:
DRE #00988287
Email:
john@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 3884
  • Status: Pending
  • Area: Alameda
  • Price: $450,000

Description

In 1998 following years of experience working and owning body shops abroad, two friends decided to open an Auto Body Shop in Berkeley, CA. In the years since, this garage has established itself as one of the most trust-worthy Auto Body shops in the Bay Area. Owners/Sellers are now ready to retire. It is 3,500sq.ft. for monthly Rent $4,800. Lease expires 12, 2022 with 1 x 5 years option. Currently 2 x Full Time & 1 x Part Time employees running the business.

2020 Gross Sale = $561,000   Net income; $128,969.

2019 Gross Sale = $874,000     Net Income; 283,869.

2018 Gross Sale = $799,000  Net Income; 258,457.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Auto Body Repair
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3884
Date Available: 06/16/2022
Reason For Sale: Other Interest

Financial Information

Annual Total:
561,000
Revenue:
561,000
Annual Net Income:
128,969
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
4,800/m
Lease Expires:
2022
Lease Option:
1x5 years option
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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