Import Auto Repair – Family Business for Over 35 Years
Location: Alameda County
Listing ID: 12111901
Are you looking for a great opportunity to purchase an independent import auto repair center with annual sales that have averaged $527,500 for the past three years?
This profitable AAA-approved business with a loyal clientele of European and Asian vehicles affords an active owner/operator an excellent salary after seller financing payments.
The Business is well established with 35 years of goodwill, high-traffic location, excellent reputation for customer service, A+ rating with BBB, and hundreds of 5-star internet reviews.
The Business comes complete with the state-of-the-art equipment required to run an import auto repair business, including brakes, oil change, engine performance, steering and suspension, starting and charging, transmission service, air conditioning, diagnostics, and heating and cooling. The 3,800+ square foot building has five service bays (four lifts), with an area for parts storage, attractive customer reception area, and interior/exterior parking for 20 vehicles.
Experienced employees with extensive knowledge of import vehicles 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 Sellers also own the real estate and will provide a new long-term lease for the Buyer at market rate.
The Asking Price for this profitable Business is $170,000, plus $10,000 in inventory. The Sellers are motivated to retire after nearly four decades in the automotive service business and will offer a qualified Buyer $130,000 in financing for 10 years at 7%.
With a great reputation for quality, convenience and trusted service, this Business offers a Buyer with a $50,000 down payment a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the community.
Down Payment: $50,000
Total Sales: $517,600
Reason For Sale:
Long-term Owner wishes to retire.
Training & Support:
Seller will provide 2 weeks of training at 30 hours/week and additional telephone support to ensure a smooth transition.
Broker No.: DRE#01488246
Year Established: 1985
Square Footage: 3,800+
3,800+ square foot building with five service bays (four lifts), parts storage areas, and customer reception area. Interior and exterior customer parking for 20 cars. Fully equipped with the latest technology for a wide range of import automotive repairs, diagnostics, and preventive maintenance. The property owner will provide a new long-term lease for the Buyer.
Honest, personalized service has enabled the business to gain new customers while retaining its long term loyal clientele.
Local owner/operator could grow the business by leveraging social media and further expanding the import brands that are serviced.
70% Seller financing for up to 10 years.