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Auto & Truck Repair - Nets $176,000

Alameda County, CA

Auto & Truck Repair
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Asking Price: $249,000

Cash Flow: $176,685

Gross Revenue: $716,731

EBITDA: N/A

FF&E: N/A

Inventory: $2,500

Rent: $2,600 /Month

Established: 1972

Auto & Truck Repair - Nets $176,000

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Business Description

Auto & Truck Repair - Low Rent - Nets $176K - Owner Retiring

This profitable repair shop has been servicing East Bay cars and trucks for nearly 50 years. The current owner bought it in the ‘70’s and is ready to retire. The business has built up a loyal following over the years and has several accounts including a used car dealership. Parts are ordered online and delivered daily so inventory is kept to a minimum. The business uses All Data, Info Max and Indentifix software which keep the operation running smoothly. This would be a great opportunity for a mechanic looking for his own place. The shop is centrally located, has a great reputation and very reasonable rent. The business has been pre-approved for SBA financing with $60,000 down.

Detailed Information

Location:
Alameda County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
9,100
Lease Expiration:
2/29/2020
Employees:
3 f/t
Facilities:
Premises has two separate shops. Both are approximately 4,500 sq. ft. A new three year lease and three year option is available. The landlord may consider selling the property.
Support & Training:
Four weeks at 30 hours per week
Reason for Selling:
Retirement
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Bob Brooks

Business Listed By:
Bob Brooks

Bay Area Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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