Location: Alameda County
Listing ID: 10251701
Pre-qualified for 90% Bank/SBA Financing
Are you looking for an amazing opportunity to purchase an independent auto repair center with annual sales that have consistently averaged $1,245,000 for the past five years? This highly profitable business produces over $283,000 in cash flow, affording an Available owner/operator an excellent salary after debt service.
The Business is well established with over 40 years of goodwill, excellent reputation for customer service and a loyal clientele. 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 11,000+ square foot building has seven service bays (six lifts), with a huge room for parts storage, interior parking and at 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 extensive training and support during the transition period.
The Asking Price for this profitable Business is $610,000, plus $140,000 in inventory. The Business is pre-qualified for 90% Bank/SBA financing. The Seller is motivated to retire after building a successful business over four decades.
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.
This opportunity is being offered through Empire Business Solutions – DRE#01488246.
Total Sales: $1,247,000
Cash Flow: $283,000
Lender Pre-Qualified?: Yes
Reason For Sale:
Long-term Owner wishes to retire.
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.
Square Footage: 11,000+
Immaculate and well-organized 11,000+ square foot building with seven service bays (6 lifts), parts storage areas, and customer reception area. Large interior space for customer parking, plus street parking. Fully-equipped with the latest technology for a wide range of import automotive repairs, diagnostics, and preventive maintenance.
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 with leveraging social media and further expanding the import brands that are serviced.
Pre-qualified for 90% Bank/SBA financing.