General auto repair business

Novato, CA (Marin County)

Willing to engage brokers.

Asking Price:$100,000

Cash Flow:$75,000

Gross Revenue:$400,000

EBITDA:N/A

FF&E:$25,000

Inventory:$1,000

Rate/Sq. Ft.:N/A

Established:1993

General auto repair business

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Business Description

Established auto facility in upscale North Marin County Calif. 50K population , affluent, client base. Currently full service repair,smog, general service shop. Operated by 2 Techs with an average gross monthly of $30K!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
5/1/2018
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Main shop has 4 bays with lifts, all equipment needed to operate. List available. Second building has smog equip in 1 bay, and additional bay for light service / storage. Main building has large office and large storage/inventory room.
Competition:
strong market with excellent base in 5 mile radius. This is an established business, and city planning/permiting restricts growth of this type of use. Can support current full service, or niche market use.. Many highline Euro/Japanese owners locally.
Growth & Expansion:
Expand current operation, or maybe engage a National Auto Service / Tire franchise.
Financing:
Min 100K down, balance @ 5% for 3 years 2395.00/month
Support & Training:
Seller will assist with 30 days on site and 60 days phone / drop in help. Seller not leaving area and wishes to see business prosper. Non comp covenant offered.
Reason for Selling:
Semi retirement, change of pace.

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Business Listed By:
Lawrence Bacon

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