Auto Repair - IN ESCROW

Contra Costa County, CA

Seller Financing Available
Auto Repair - IN ESCROW
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Asking Price: $650,000

Cash Flow: $464,938

Gross Revenue: $1,417,163

EBITDA: N/A

FF&E: $100,000

Inventory: $10,000

Rent: $7,896 per Month

Established: 1990

Auto Repair - IN ESCROW

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Business Description

Very Profitable European Auto Repair in Very Affluent Area

IN ESCROW - This shop has provided high quality full service high-end foreign car repair and smog service to its customers since opening in this location over 30 years ago! The shop has an excellent reputation for their services. Located in a very clean, well kept commercial area in the East Bay Tri-Valley, the shop has 6 lifts and a smog machine. All Technicians are ASE Certified and the shop is AAA approved. COVID-19 has had very little impact on the business. The new owner should have automotive tech experience or bring along an experienced tech. This business needs an active full-time owner, or the Buyer must bring an experienced Manager, this is not an Absentee Owner situation, Service Writer experience would be a plus.

Detailed Information

Location:
Contra Costa County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
negotiable, SBA lender pre-qualified
Support & Training:
Negotiable
Reason for Selling:
Retirement
Contact

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Ronald (Ron) C. Johnson, M&AMI, CBI

Business Listed By:
Ronald Johnson

Ron Johnson Business Sales & Valuations

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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Ad#:1608091

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