Import Auto Repair – Whopping $680,000 Cash Flow
Price: $2,800,000
Location: San Mateo County
Listing ID: 09161901
Every once in a while, a truly rare opportunity becomes available for sale to a highly qualified Buyer who is seeking a multi-location auto service business with exceptionally high sales and profits.
This high-end, two-store San Francisco Bay Area import specialist exceeds new car dealer standards for customer service, facilities, and Internet reviews. Combined sales of $3,044,000 generate a whopping $680,000 in Cash Flow, affording an active owner/operator a lucrative salary after debt service. Each location is fully staffed to operate independently.
The Business is well established with over forty years of goodwill, fantastic internet reviews, and loyal clientele, drawing from a large geographic area in Silicon Valley. They have built an excellent reputation for providing cost-effective personalized service as an alternative to the expensive car dealerships. Each location comes complete with the state-of-the-art equipment required to run a high-end import auto repair business, including diagnostics, engine performance, brakes, oil change, steering and suspension, starting and charging, and heating and cooling.
The shops each have seven service bays and spacious, modern customer reception/waiting areas. Experienced, highly trained Service Advisors and Master Technicians 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 $2,800,000, plus $40,000 in inventory. The Business qualifies for 90% Bank/SBA financing, so a down payment of approximately $300,000 will be required from a qualified Buyer. Long term leases are available at each location.
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 affluent Silicon Valley.
Listing Details
Total Sales: $3,044,000
Cash Flow: $680,000
Inventory: $40,000
Lender Pre-Qualified?: Yes
Reason For Sale:
Pursue other interests.
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: 1974
Employees: 9
Location
Square Footage: 6,150 sq. ft. & 5,000 sq. ft.
Facilities Information:
Immaculate and well-organized facilities, each with seven service bays (6,150 square feet and 5,000 square feet). Fully equipped with the latest technology for a wide range of auto repairs, diagnostics, and preventive maintenance services for multiple brands of import luxury vehicles.
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 leveraging social media and further expanding the import brands that are serviced.
Financing/Terms:
Qualifies for 90% Bank/SBA financing.