Auto Repair Shop

Orange County, CA

Auto Repair Shop

Asking Price:$495,000

Cash Flow:$204,000

Gross Revenue:$455,000

EBITDA:$204,000

FF&E:$35,000

Inventory:N/A

Rate/Sq. Ft.:$0.76

Established:1974

Auto Repair Shop

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Business Description

PROFITABLE / TURN-KEY OPERATION. This auto repair services business has been established for 42 years servicing the communities of Whittier, La Habra, Norwalk and Fullerton. Business operates from a 4,200SF building space featuring 8 auto work areas in 4 double-wide bays and a very nice customer waiting, an office area and an employee lunchroom. Located on a major high traffic street used for both commercial and residential traffic with great visibility of the business signs. The business has a large established base of customers and has high customer loyalty earned from years of quality repairs and maintenance work, honesty and friendly service. Yelp is 4.5 stars. Although they specialize in servicing all models of cars, used cars and used tires are sold here. There is plenty of parking and a good rent at $3,200 monthly. The average monthly gross revenue is about $37,900 and average owner net cash flow is about $16,500 monthly. About 40% or more of services revenue is in cash and the rest is from credit cards. Business has no website. Shop has an excellent computer POS system making it simple to prepare and print work orders, invoices and order parts. This same system performs the daily, weekly and monthly accounting sales reports. A new owner does not have to be a mechanic so long as qualified mechanics are employed. Owner works at the business full-time and functions mostly as the service writer for this busy auto repair services and does not work as a mechanic. The business has 4 employees. Business is closed on Saturday and Sundays. Seller moved out of area. This might be a possible good acquisition for certain buyers seeking E-2 Visa status.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
4,200
Lease Expiration:
6/30/2027
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business operates from a 4,200SF building space featuring 6 auto work areas in 4 bays (some double wide) and a very nice customer waiting, an office area and an employee lunchroom. Located on a major high traffic street used for both commercial and residential traffic with great visibility of the business signs.Shop has an excellent computer POS system making it simple to prepare and print work orders, invoices and order parts. This same system performs the daily, weekly and monthly accounting sales reports.
Competition:
Some competition in this trade area but this station has been established for 42 years and has high customer loyalty earned for quality service, honesty and friendly service.
Growth & Expansion:
The business can grow through opening on Saturday and implementing a business website. Also, the business could begin advertising.
Financing:
none
Support & Training:
2 weeks at 40 hours per week
Reason for Selling:
Seller has moved out of area

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Tom Van Gilder

Business Listed By:
Tom Van Gilder

The Chase Group

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Sponsoring Broker:
Gregory DiCristina

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