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Automotive Repair Shop

  • Status: Pending
  • Price: $199,000

Jack Nguyen Bui

License No:
DRE #02156584
Email:
jack@lbaweb.com
Office:
925-932-2450
Mobile:
925-718-7180
  • Listing No: 4153
  • Status: Pending
  • Area: San Jose
  • Price: $199,000

Description

SBA APPROVED!
$225,000 NET PROFIT!!

Only $50,000 DOWN!!

This repair shop is on a 2,200 sq ft. space with a Base Rent of $4,414/m including NNN.  This shop has been growing its revenue steadily. Per Tax return. 

2020 Gross income $479,000——Net income $170,000

2021 Gross income $520,000——Net Income $229,000

2022 Gross Income $568,000——NEt income $234,000

One Full time employee Annual Wages is $41,000.00

There are 3 x Bays and 3 x Lifts above the ground.

Inventory included in price worth approximately $25,000.00

This business is ideal for an auto mechanic who is ready to be their own boss or looking to expand into the San Jose area!

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:
225,000
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:
50,000
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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