$2,500,000
Automotive Repair Shop
- Status: Available
- Price: $350,000
Jack Nguyen Bui
- License No:
- DRE #02156584
- Email:
- jack@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-718-7180
Description
Repair Business
Making $225,000 Net Income
This well-established Automotive Shop has been in business since 1988. The owner has been very successful in his shop and claims he has made good money during all these years and he is ready to retire and travel around the world!
The repair shop is on a 2,200sqft. space with Base Rent of $4,414/m There is one more year left on the lease and landlord is willing to give a good lease with options to qualified investor. there is one full time employee with monthly payroll of $4,900. There are 3 x Bays and 3 x Lifts above the grounds. Owner claims his Net Annual Income is about $225,000 without any employee and with one technician he claims his Net Income is $125,000
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
1988
Year Purchased:
1988
Business Type:
Transmission 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:
4153
Date Available:
06/22/2022
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- 180,000
- Inventory:
- 25,000
- Monthly Payroll:
- 4,900/m
Lease Information
- Base Rent:
- 4,414/m
- Lease Expires:
- 2023
- Lease Option:
- New Lease
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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