Automotive Service Shop, Specializing in European Models

Concord, CA (Contra Costa County)

Seller Financing Available
Auto Service
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Asking Price: $695,000

Cash Flow: $263,508

Gross Revenue: $744,893

EBITDA: N/A

FF&E: $100,000

Inventory: $5,000

Rent: $5,640 /Month

Established: 1986

Automotive Service Shop, Specializing in European Models

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Business Description

Strong margins!

This Concord area general automotive repair business specializes in European models, and is known for providing a specialized, dealership-level customer experience. The business was founded in the mid 1980’s and in 2013, the current ownership acquired the business.

The current owners have steadily grown and strengthened the company’s performance and reputation by establishing solid systems and plans for increasing revenue and profitability. They have steadily improved the business’ Yelp profile, gaining higher online star ratings by consistently providing high- quality service. The business has won Talk of the Town awards and earned Repair Pal certifications.
The owners are now selling this business as one of the partners prepares for retirement. This business has opportunities for growth and expansion under its business model and a targeted marketing plan. Savvy buyers who recognize the growth potential in this business’ systems and plans will be particularly interested in this opportunity.

*SDE is calculated with new owner working FT in the business.

Detailed Information

Location:
Concord, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,400
Lease Expiration:
11/1/2021
Employees:
4 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,400 sq. ft. leased space
Financing:
SBA Pre-Approved for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Contact the Seller

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Randy Hendershot, CBB

Business Listed By:
Randy Hendershot

Evolution Advisors

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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.

Listing Statistics

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