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
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: