Attention: Auto Enthusiasts and Mechanics!!

San Marcos, CA (San Diego County)

Front of service area
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Asking Price: $399,000

Cash Flow: $178,639

Gross Revenue: $550,000

EBITDA: $178,639

FF&E: $250,000

Inventory: $5,000

Rent: $2,649 per Month

Established: 1995

Attention: Auto Enthusiasts and Mechanics!!

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Business Description

IN ESCROW. SALE PENDING. Whether an enthusiast or mechanic, this can work for you!

This busy shop needs no advertising. Owner founded business 30 years ago and now generates $178,639 cash flow, with two technicians producing over $550,000 per year in gross sales.

The business operates 5 days a week out of 3 bays, and the lifts are capable of handling 5 cars simultaneously. Equipment is very high quality and in excellent condition (est. $250,000).

Service all makes and models from common brands such as: Toyota, GM, and Ford to exotic brands including Ferrari and Bentley.

New office computers and software programs. Custom marble counters tops in service area and manager’s office. Security cameras & monitor, as well as, 9 shop dedicated parking spaces and private room upstairs.

Records prepared by an independent CPA. SBA approved financing with 20% down. Also willing to carry a smaller seller’s note. Profit shown in 2020 is projected and based on 10 months. All assets free and clear of any debt. (5) Year lease with option to renew at below market rate – 2,700 square feet.

Owner will assist and train to ensure a smooth transition, as he prepares for retirement. Very flexible to ensure your confidence.

Detailed Information

Location:
San Marcos, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,700
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3 bays/lifts can handle 5 cars, ample parking, office, private room upstairs, customer waiting area w/bathroom
Competition:
No advertising. High referrals and repeat customers. One of the few shops that can repair high end vehicles, e.g. Ferraris, Bentleys, etc, accounting for a very small % of business.
Growth & Expansion:
Marketing, advertising, although, the shop is usually swamped.
Support & Training:
Excellent
Reason for Selling:
Retirement
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Bill Bruno

Business Listed By:
Bill Bruno

William Bruno Business Brokerage

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