MergerPlace

Brake & Auto Services, RE Available

California (San Diego)


  • Asking Price: $300,000
  • Gross Income: $454,405
  • Cash Flow: $94,585
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: $81,050
  • Listing ID: #200937
  • Established: 1967
  • Employees: 3 FT

Business Description

The Company has been serving customers since 1967 with high quality brake and automotive services. Although their core focus is on brakes and related repairs, general automotive repairs are also done as needed/requested by customers. Adding tire sales/service could be a natural way to add revenue. Asking price includes approximately $30,000 in inventory. The real estate is available for additional $1.1 million.


Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: California
County: San Diego

Company Information

Year Established: 1967
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $300,000
Gross Revenue: $454,405
Cash Flow: $94,585
FF&E: $81,050
Inventory: $30,000
Seller Financing Available: Yes

Property Information

Facilities:

Turnkey 3,370 square foot automotive building with 4 bays and 7 lifts in place (6 in-ground and 1 above ground). Plenty of parking in the associated lot space of approximately 15,000 square feet. Great visibility on the intersection of a main thoroughfare with estimated traffic count of 41,000 cars per day. New asphalt recently applied.

Growth & expansion opportunities:

Plenty of growth opportunity for a motivated buyer. Current owner scaled back since the recession in favor of a balanced lifestyle. As an example, the Company earned revenue in excess of $600k in years past and has the space to do much more than that. Almost every day work is turned away. Adding tire sales/service could be a natural way to add revenue.

Competition:

Average amount of competition; a handful of independently owned automotive shops in the general area, no major chains.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. Services include Brake Service & Repair, RV Brake Repair, Brakes for Trailers (Boat, Horse, & Travel), Wheel Alignment & Suspension, Brake Bonding & Brake Riveting, Brake Booster Rebuilding and General Automotive Repair. A State Bureau of Automotive Repair license required and as well as some other local permits and business license. New owner should have knowledge/experience with brake/automotive repairs.

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Business Listed By:

Jim Span

Murphy Business Brokers