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Auto Repair Shop

  • Status: Pending
  • Price: $340,000

Sodaba Anwari

License No:
DRE #02093280
Email:
Sodaba@lbaweb.com
Office:
925-932-2450
Mobile:
510-375-9757
  • Listing No: 4080
  • Status: Pending
  • Area: Alameda
  • Price: $340,000

Description

Auto Repair Shop 

Making Net Income of $275,000

This is a well establish Business on a 3,000sqft. lot doing business since 1989 under the same management team. Hours of operations; (8.00am- 5.00pm Monday – Friday). Building size is 2,600sqft. with $5,000 Base Rent with $625.00 NNN which includes (Water, Garbage, Tax, Insurance). There are 4 x Full Time employees with $20,000 to 25,000 a month Payroll.

Seller claims his Gross Annual Sale is $1,100,000 and his Net Income is about $275,000 a year.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 1989
Year Purchased: 1989
Business Type: Auto Repair Shop
License(s) Required: Business
Hours of Operation: 8.00am - 5.00PM/ 5 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4080
Date Available: 01/31/2022
Reason For Sale: Retiring

Financial Information

Annual Total:
1,100,000
Revenue:
Annual Net Income:
275,000
Inventory:
Monthly Payroll:
20,000/m

Lease Information

Base Rent:
5,000/m
Lease Expires:
Lease Option:
NNN:
625.00/m

Financing Information

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

Contact Us

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