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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
  • Listing No: 3880
  • Status: Available
  • Area: Marin
  • Price: $150,000

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:

Contact Us

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