Asset Sale - Auto Repair Shop in a Great location

Alameda County, CA

Asset Sale - Auto Repair Shop in a Great location
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Asking Price: $165,000

Established: N/A

Asset Sale - Auto Repair Shop in a Great location

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Asset Sale Description

Asset Sale
This is a 4 bay, 10,000 sq.ft auto repair shop with a waiting area, a separate office ,located in northern Alameda County. The business was established 30 years ago and the present owner has had the place for the past 7 years. There is a 3 full time mechanic making $23/hr. The owner is retired and his son took care of the business in the past 3 years and now his son moved out of the area. open M-F 8:00-6:00. The lease is 4 years with 5 years option. The total occupancy rent is $6100/mo
They work on foreign and domestic cars servicing brakes,chocks,pumps,tune ups, auto maintenance, electrical, HVAC, diagnostics,radiators,etc.
Seller Claims: The average Gross Sales over the last 3 years was $400,000 Seller is willing to carry a note of 30% to the qualified buyer. This is an asset sale please call Agent: Nima Sadati for more info: 925-787-2094
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer

Detailed Information

Alameda County, CA
Reason for Selling:
Moving out of area
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(from currently available funds)
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Matt Sadati

Asset Sale Listed By:
Matt Sadati

Liberty Business Advisors of San Francisco Inc.

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