MergerPlace

Import Auto Repair and Service Shop

California (San Diego)


  • Asking Price: $375,000
  • Gross Income: $514,445
  • Cash Flow: $119,577
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $42,028
  • Listing ID: #203801
  • Established: 1992
  • Employees: 2 FT

Business Description

Auto repair services company for sale that has many competitive advantages including...Longevity - been in business for over 23 years and has name brand recognition within the local area...Great Location – the business is operated along a major thoroughfare with plenty of parking. Good automotive space is getting harder and harder to find!...Great Reputation – the business has an excellent 5.0 rating on Yelp and plenty of repeat customers...Growth Opportunity – there is plenty of space and equipment to accommodate a motivated buyer who is planning on growing the business substantially larger...Real Estate Available – current owner also owns the property and is willing to consider offers to purchase the real estate in addition to the business.


Business Details

Primary Business Category: Services - Other Services
Location: California
County: San Diego

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $375,000
Gross Revenue: $514,445
Cash Flow: $119,577
FF&E: $42,028
Inventory: $4,000
Seller Financing Available: No

Property Information

Facilities:

The Business is located at a signalized intersection on a major thoroughfare with excellent signage and exposure. Excellent Traffic Counts: 30,000 CPD. The Business is operated within a building owned by the seller. The freestanding building is 8,500 SF and zoned for automotive repair. There are two (2) separate suites, one for the Business which is 5,357 SF of ground floor SF and 1,000 SF of heavy duty permitted second story mezzanine, and the other suite houses a long term tenant which provides an additional income stream should the real estate be purchased.

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 $800k in years past and has the space to do much more than that. Hiring a good Service Writer with good sales skills would be a first logical step to generate more business and free the owner up to do more strategic decision making towards growing the business larger.

Competition:

There is an 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 range from a minor tune-up to a major overhaul. The company’s trained service technicians are skilled at quickly diagnosing and pinpointing solutions to problems, which can save valuable time and money. 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 automotive repairs.

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Business Listed By:

Jim Span

Murphy Business Brokers