Location: Los Angeles County
Listing ID: 07031801
Are you looking for an amazing opportunity to purchase an independent European auto repair center with annual sales of $713,300 and cash flow of $201,700 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 eight years of goodwill, fantastic internet reviews, and an affluent loyal clientele, drawing primarily in the South Bay and West Los Angeles area. Located on a major boulevard with a 36,000+ traffic count, the Business is within walking distance of an expansive mall. 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 5,000 square foot shop has eight service bays and lifts, including a drive-on alignment rack. There is room for parts storage, adequate parking, and an attrAvailable customer reception area.
Experienced, long term 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 $475,000, 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.
Total Sales: $713,300
Cash Flow: $201,700
Lender Pre-Qualified?: Yes
Reason For Sale:
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
Year Established: 2010
Square Footage: 5000
Immaculate and well organized 5,000 square foot facility with eight 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.
Honest, personalized service and consistent five-star internet reviews have enabled the Business to gain new customers while retaining its long-term loyal clientele.
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.
May qualify for 80% Bank/SBA financing.