Auto Repair - Foreign & Domestic

Listing Number: 2401-801365

Description

Auto Repair and Maintenance, Full Service . Five Star rated shop working on domestic and foreign cars and trucks. STAR Smog test and repair. ASE certified. Great location with 12 bays and 8 lifts. Located on a very busy street with 5 F/T highly trained technicians, a Shop Manager and a Service Writer/Customer Service rep. Approximately 6800 sq. ft with a very good lease expiring in August 2021. The lease an option to renew for a further 5 years..

Current Owner purchased business 3.5 years ago as an investment and has operated the business as a semi absentee owner.
An experienced, hands on, automotive entrepreneur should be able to increase the revenue and profitability over what the business is currently earning.

Revenue for 2019 is projected to be $1,016,190 with adjusted net earnings of $ 111,192. Some seller financing possible for a well qualified buyer.

Listing Details

  • Price: $295,000
  • Down Payment: $195,000
  • Sellers Discretionary Earnings: $111,192
  • Total Sales: $1,016,910
  • Location: San Diego, California

  • Inventory: $6,500
  • FF&E: $78,500
  • Employees: 7
  • Year Established: 1986
  • Reason for Selling: Other Business Interests
  • Category: Automotive
Auto Repair - Foreign & Domestic

Business Listed By:

Marshall Pollock