$2,500,000
Auto Repair
- Status: Available
- Price: $150,000
Greg Davis
- License No:
- DRE #01375612
- Email:
- greg@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
Description
Seller Claims his Gross Annual Revenue is $423,000 and his Net is about $100,000 consistently over the years. seller says he has excellent bookkeeping and tax returns.
The Auto Repair Shop is on a $5,000sqft. space with 3 x lifts and Rent is $6,250/m. Lease expires 12/30/2021. Landlord will extend lease with slight increase in rent. There are 2 x full time employees. This is an outstanding opportunity to own a very profitable independent auto service and repair shop at a bargain price. The shop is fully equipped with everything in very good condition and running smoothly as seller declares. he has well established and loyal customer base. Sell has health issue and decides to retire.
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:
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