Business For Sale Listing 151386
Full Service Auto Shop
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
Clean books, owner not a mechanic, fully staffed, and fully equipped with 5 bays, 5 lifts, and dyno. This full service auto repair and smog center is the number one shop in this desert community, with more than a 100,000-registered vehicle in its marketing area. In business for 22 years, this well known and loved by customers business does it all; lube and oil change, CA certified smog station, engine tune ups and heavy repairs, AC Service, Diagnostic gear with many other test components, and a distributor for key aftermarket parts. The current owner is retiring, but will provide ample systems training, license transfer and customer transition.
This opportunity includes the real estate at $840,000. The shop building is 2,971-sq. feet and sits on a 16,000 plus square foot lot. Located on a high visibility corner along the main thoroughfare, the property has multiple application potential; a fast food location, fuel and mini mart center, or there is ample room to add a used car center to the existing business. In addition, all of this in a midsized community with exceptional year round weather, good schools, and a low stress lifestyle.
The books and records for this business are excellent, and depending upon the buyer’s qualifications, the purchase will qualify for a 25-year SBA loan inclusive or the real estate. Alternatively, or in addition to, the owner will participate in some level of seller financing depending upon the buyer’s qualifications.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($520,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($152,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $1 Million and $2.5 Million ($1,200,000) |
