Premier Auto Service Center - High Net - SBA Waives Fees

Contra Costa County, CA

Seller Financing Available
High-end Auto Service Center
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Asking Price: $975,000

Cash Flow: $378,965

Gross Revenue: $1,085,606

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $7,480 per Month

Established: 1970

Premier Auto Service Center - High Net - SBA Waives Fees

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Business Description

Low down payment and good cash flow - ready to own your own shop?

Located in one of Contra Costa County’s premier cities, this shop has an outstanding customer base. Profit margins are above industry averages due, in part, to market area demographics. Location will be disclosed after NDA is signed.

Seller has been earning $300K plus per year, working 5-days per week. Cash flow of $379K, shown below, is current fiscal year annualized.

Business qualifies for SBA financing with10- 15% down from qualified buyer.

- Excellent reputation and reviews
- High-end customers and vehicles
- 3 full time mechanics, 1 part time bookkeeper, 1 working owner
- Owner is looking for a 4th mechanic to meet demand

Detailed Information

Location:
Contra Costa County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
5/31/2031
Employees:
4.5
Facilities:
Fully equipped auto service center with 8 lifts. Occupies 6,000 sf leased premises. Ample parking. Well located with good freeway access.
Competition:
Located in desirable Contra Costa County city with average car ownership is 2 per household. Affluent demographics. Median household income approximately $150,000.
Growth & Expansion:
Seller wants to add 4th mechanic to meet demand. Ample parking.
Financing:
At Seller's sole discretion - SBA Preferred
Support & Training:
Training period may be proposed in offer from buyer.
Reason for Selling:
Seller Retirement
Contact Seller

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Bob Heger

Business Listed By:
Robert J. (Bob) Heger

BizReady, Inc. DRE #01987910

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. 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#:1786045

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