$2,500,000
Automotive Repair Shop
- Status: Sold
- 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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