Luxury Auto Repair Business

San Diego County, CA

Luxury Auto Repair Business
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Asking Price: $999,900

Cash Flow: N/A

Gross Revenue: $1,052,000

EBITDA: N/A

FF&E: $250,000

Inventory: $250,000*

Rent: $7,000 per Month

Established: 2001

*not included in asking price.

Luxury Auto Repair Business

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Business Description

High End Luxury Auto Repair Facility in the heart of the city. Community has 80% redevelopment for business/condo/walking style of living. Very hot area with business automotive being grandfathered in. Long term lease with first right of refusal to purchase the property written into lease. High end vehicles with extensive customer base. All the latest, up to date Factory diagnostic equipment and Master factory trained technicians work on the very early models to the very latest. Technicians are ASE and factory certified. Incredible location that has just been remodeled in the heart of the city and within walking distance to the coaster, gourmet restaurants and entertainment.. The business is well known in the community and with local automotive dealers. The long term, stellar reputation and a clientele of over 2000 makes for a very busy facility with endless potential. With over a million dollars in sales in 2019, the business performs all aspects of maintenance to major engine rebuilds. The business is also a Licensed as a California Star Smog Station. Tremendous potential exists to increase revenue and own the property!

Detailed Information

Location:
San Diego County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,800
Lease Expiration:
12/1/2029
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5 two post lifts,1 four post Alignment rack, 6 Bays. Factory Range Rover, Rolls Royce/Bentley and Jaguar diagnostic equipment.
Competition:
This area has very limited automotive repair due to city regulations, This business is licensed with city and is in a prime location with many upscale restaurants, shops and homes in the area.
Growth & Expansion:
This business has a great opportunity for continued long term success and growth with a newly remodeled building, long term lease with a option of first right of refusal to purchase the property.
Support & Training:
Owner is willing to do training and support after the sale for agreed amount of time
Reason for Selling:
Retirement
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Kurt Ecclefield

Business Listed By:
Kurt Ecclefield

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