Auto Repair Reduced, AP $139,000, Net $102k, Seller carry note $40K

San Diego, CA (San Diego County)

Seller Financing Available
Auto Repair Reduced, AP $139,000, Net $102k, Seller carry note $40K
Contact Seller

Asking Price: $139,000

Cash Flow: $101,839

Gross Revenue: $388,253

EBITDA: N/A

FF&E: $60,000

Inventory: $4,380

Real Estate: N/A

Established: 1989

Auto Repair Reduced, AP $139,000, Net $102k, Seller carry note $40K

Save Print Share Valuation Report

Business Description

Auto Repair, Reduced, $102k Net, great price

Only $99k down, great opportunity. Pandemic and recession-resistant. Well established auto repair center that has provided motorists in the North County area of San Diego with comprehensive auto repair services since 1989! They handle General Services, Car & Truck Care, Brakes, Alignments, Oil & Filter changes, Trans. service, Heating and Cooling Services, Engine Diagnostics, Wheel Services, and Miscellaneous Services.

---2019 sales were $388,253 with Seller's Discretionary Earnings (Cash flow) of $101,839

---Seller Note of $40,000 for 3 Years at 5% interest with $99,000 down for qualified buyers.
---NNN Lease of $4,922 per month.

This busy shop has two full-time techs and a service writer. The seller is willing to train for 2 weeks and stay on as an employee for 2 months if needed. All customers are either referrals or repeat business. Solid 4.5-star rating on Yelp. Upside potential by putting together a marketing plan and adding commercial fleet accounts. The buyer should have some auto experience.

* Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, owner's benefits/perks, and owner's compensation as reported by the Seller's Income Statements.

DISCLAIMER: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.

For more information call Chip Alstrin, CMSBB License # 02035190 at Sunbelt, 760-931-9530, or email: info@omegabusinessadvisors.com, we will need for you to sign our NDA and Buyer Profile prior to releasing any data on a listing.

Detailed Information

Location:
San Diego, CA
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
2,200
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Business leases 2,200 sq.ft. with two garage doors and has 4 lifts. The lease is triple net ‘NNN’ with a monthly payment of $4,922
Competition:
some competition in the immediate area
Growth & Expansion:
There is room to grow the business
Financing:
40,000 for qualified buyer
Support & Training:
2 weeks, 30-35 hours per week.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Policy


Chip Alstrin

Business Listed By:
Chip Alstrin

Sunbelt Business of San Diego


Sponsoring Broker:
Hal A. Janke, Pres., CBI, CBB,FIBBA

Report an issue with this listing

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1706551

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Christian Brothers Automotive

Franchise Opportunity
Cash Required: $85,000