Search

Auto Repair

  • Status: Available
  • Price: $379,930

Greg Davis

License No:
DRE #01375612
Email:
greg@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 3880
  • Status: Available
  • Area: Marin
  • Price: $379,930

Description

This is Auto Repair and Service shop has been operating in this location for over 40 years with the same owner, who is now ready to retire. This is a great opportunity for the new owner to take over a very well established and loyal customer base and a great reputation and grow this income with a few miner teaks such as a 3rd tech, and marketing. Owner states income of about $100,000 consistently over the years, and all equipment is in very good working order. Seller also claims his gross annual Sales average is about $422,833. This is a turn-key opportunity for the right buyer. There is inventory of $88,330 which is included in asking price. Lease expires 12/30/2021, but the landlord is ready to extend a new lease for a number of years with a small increase in rent. Currently monthly Rent is $6,350.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 40 years ago
Year Purchased:
Business Type: Auto 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: 3880
Date Available: 06/28/2021
Reason For Sale: Retiring

Financial Information

Annual Total:
422,833
Revenue:
422,833
Annual Net Income:
100,000
Inventory:
88,330
Monthly Payroll:

Lease Information

Base Rent:
6,350/m
Lease Expires:
12/30/2021
Lease Option:
NNN:

Financing Information

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

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County