Turnkey auto repair business 32 years strong, BMW MB VW Audi,Rover.

Porterville, CA (Tulare County)

Seller Financing Available
Turnkey auto repair business 32 years strong, BMW MB VW Audi,Rover.
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Asking Price: $765,000

Cash Flow: $155,000

Gross Revenue: $500,000

EBITDA: $155,000

FF&E: $30,000

Inventory: N/A

Real Estate: $500,000

Established: 1988

Turnkey auto repair business 32 years strong, BMW MB VW Audi,Rover.

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Business Description

If you are ready to get out of the CITY this is the shop for you!

We are a well established shop in the community with excellent reputation and almost no competition. We have served the Porterville and southern Tulare county area for 32 years. Factory trained technicians that specialize in BMW, Mercedes Benz, Mini,VW Audi, Land Rover, also servicing Volvo, Jaguar and all Asian imports. Number one in this shop is BMW and MB. We have all the special tools to service and repair these vehicles correctly. We have a very large customer base, of loyal repeat customers. We are the dealer alternative in this area. We service import cars for the 3 domestic dealers that sell used imports on their lots. The German and Euro imports are very popular here. The nearest BMW dealer is 40 miles away, MB dealers are 60-70 miles away, VW and Audi dealers are 60-70 miles away. There are no import dealers in this area, and no other shop in town has the tools and expertise that we have. I have maintained ASE master tech status for over 25 years and perform smog testing. We serve Porterville, 60,000 population and surrounding rural and smaller cities with another approx 60,000 population.
See http://www.city-data.com/city/Porterville-California.html
I named this business Alpine Autohaus so it could belong to anyone and keep its identity and reputation. The property and business is fully owned, free and clear of any encumbrances. We rent the car wash space to a car wash business since 1998 for $450 per month. The business park has association dues of $250 per quarter, to maintain the green space in front of the shop and to cover liability insurance for the public space. I am a native of Porterville and recommend its small town charm but yet is not far away from Bakersfield, Visalia and Fresno if you desire a larger city for shopping. We are in the foothills near the entrance to Sequoia national park and we have several lakes near by, Porterville is a great place to live or raise a family.

Detailed Information

Location:
Porterville, CA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,500
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
We built in 1992 this 4500 sq. ft. shop on .6 acre of land in a commercial business park. It is fully fenced and paved, has active monitored alarm system and security camera system. I am offering the complete facility with all furniture and fixtures, all shop tools and equipment, three above ground rotary hoist, 240 gal. above ground waste oil storage tank EPA approved, compressor, Autologic scan tools, and many others, to much to list here. A detailed list upon request. Parts inventory inc. support inventory, fluids, hardware, etc.
Competition:
Because we are a specialty repair and service business we did not locate on any of the main traffic streets. Most customers are repeat and know where we are. Not really much competition for these Euro vehicles, most of the local quick lube places will not service them. The couple of shops that take them in soon find out they are over their heads, not having the proper tools and expertise. I maintain a smog test and repair service, did drop the older cars and removed the in floor dyne. Another dyne could be installed in the same location easily.
Growth & Expansion:
The growth potential is huge. I have not advertised in many years and do not maintain a web site. The city and surrounding areas are growing fast, housing prices are comparably low and there is new construction of housing and business like never seen before. A new owner with a lot of drive could expand the business easily. Every week we get several new customers that got here because someone they know recommended us. This location is zoned to allow a small used car facility.
Financing:
Seller will finance or may sell business and lease property with option to buy
Support & Training:
I will provide up to 60 days of on site presence to facilitate change of ownership and encourage employees to stay also. I will sign a non competition agreement.
Reason for Selling:
Retirement
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Business Listed By:
Ray Ahrens

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