Gross Revenue: $1,325,000
* not included in asking price.
Equipment Service Installation and Training
Excellent Service Business in the Automotive Industry
NO Experience Necessary! Seller is not a mechanic. This is a very unique business that provides automotive equipment, installation, service and training to large dealerships, independent repair shops, tire shops, government agencies and national chain stores.
The business is fully staffed with 7 highly trained technicians that preform all the work. This business has a very good reputation for professionalism, highly skilled techs, and strong customer service. The seller's role is strictly managerial, he oversee's the schedules, communicates with his manager technician, and oversees day to day operations. It is NOT necessary to be or have mechanical skills, the seller is not a mechanic or technician. Sales have increased every year and are up approximately 15% for 2016. Although the business enjoys some exclusivity on some lines in some territories their key to success has been truly caring about their clients and providing them with excellent quality of work and response to their needs or concerns. The seller maintains that this is not a difficult business to learn or run, since its open 5 days a week, and he is willing to train the buyer over a 6 week period. Very well located in a free standing building with reasonable rent, located close to all major freeways. This business will qualify for a an SBA loan, with a suitable buyer.The buyer will need a minimum of $325,000 cash down to qualify. This is a great opportunity to own a solid, stable business that is not vulnerable to the the ups and downs in the economy. Net profit of $298,658 represents 2015. Net profit & gross income for 2016 significantly higher. Asking price includes 8 service trucks and trailer fully paid. Terms: Asking Price: $1,150,000 for business + $150,000 Inventory = total asking price $1,300,000. SBA requires 25% down +$325,000. Please contact the broker for more information or visit: www.CaliforniaBusinessBrokers.biz to fill out the NDA.
Inventory: Not included in asking price
Employees: 7 tech +1 admin
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Free standing 2500 sqft facility. Very located close to all major freeways. Reasonable rent, no difficulty in getting a new and longer lease for the buyer.
Competition: There are very few competitors and they are probably the highest regarded with the manufacturer lines they carry. The business continues to grow organically and added more technicians, thus allowing more ares to be serviced well will increase business.
The biggest pro about this business is that it is NOT dependent on the economy. The business did very well during the recession.
Growth & Expansion: See prior statement.
Financing: SBA Pre Qual
Support & Training: Seller will train the buyer for 6 weeks. This business comes with highly skilled staff that run the business, including a manager technician.
Reason for Selling: Possible relocation out of the country
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