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European Car Repair Specialist – Be Your Own Boss

Price: $275,000

Location: Los Angeles County

Listing ID: 07031802

Are you looking for an amazing opportunity to purchase an independent European auto repair center with annual sales of $667,000 and cash flow of $130,000 to an active owner/operator?

The Business is one of two similar high end facilities in Los Angeles County operated by a semi-absentee owner, which are available for sale individually or together as a package deal.

The Business is well established with over four years of goodwill, fantastic internet reviews, and an affluent loyal clientele, drawing primarily from the West Los Angeles and northern South Bay area.

Located at the intersection of two major boulevards, the Business is a short distance from an east-west freeway. They have built an excellent reputation for providing cost-effective personalized service as an alternative to the expensive European car dealerships.

The Business comes complete with the state-of-the-art equipment required to run a high end import auto repair business, including brakes, oil change, engine performance, steering and suspension, starting and charging, and heating and cooling.

The 2,720 square foot shop has five service bays and lifts, including a drive-on alignment rack. There is room for parts storage, adequate shared parking, and an attrAvailable customer reception area.

Experienced employees will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide training and support during the transition period.

The Asking Price for this profitable Business is $275,000, plus $25,000 in inventory. The Business may qualify for 80% Bank/SBA financing.

The Seller is motivated to retire after building two successful businesses that operate smoothly with limited supervision. With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the community.

Listing Details

Total Sales: $667,400

Cash Flow: $130,000

Inventory: $25,000

Lender Pre-Qualified?: Yes

Reason For Sale:

Retirement

Training & Support:

Seller will provide a minimum of 2 weeks of training at 30 hours/week and additional telephone support to ensure a smooth transition. With Seller training and an experienced crew, no prior automotive background is required.

Broker No.: DRE#01488246

Operation

Year Established: 2014

Employees: 3

Location

Square Footage: 2720

Facilities Information:

Immaculate and well organized 2,720 square foot facility with five service bays, parts storage areas, and customer reception area. Fully equipped with the latest technology for a wide range of European import automotive repairs, diagnostics and preventive maintenance. Long-term lease with attractive terms.

Summary

Competition:

Honest, personalized service and consistent five-star internet reviews have enabled the Business to gain new customers while retaining its long-term loyal clientele.

Potential Growth:

Local owner/operator could grow the Business by further expanding the import brands that are serviced and outside sales promotion to body shops and fleets.

Financing/Terms:

May qualify for 80% Bank/SBA financing.