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High Volume Truck Repair - Nets $500K+

San Mateo County, CA

Truck Repair- Medium Duty
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Asking Price: $1,250,000

Cash Flow: $556,611

Gross Revenue: $1,664,802

EBITDA: N/A

FF&E: N/A

Inventory: $15,000

Rent: $11,875 /Month

Established: 2002

High Volume Truck Repair - Nets $500K+

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Business Description

This high-volume repair shop is located in a free-standing, custom built facility in a commercial area in the Bay Area. Its business is about 90% trucks and 10% autos. It specializes in medium duty and down trucks, both gas and diesel. The seller has several fleet accounts including corporations, plumbing companies, public utilities and school districts. Sales have been increasing and were over $1.6MM the last two years and are on track to exceed $1.8MM in 2019. The business has an extensive equipment package with five lifts and numerous specialized scanners, testers and scopes. The seller owns the building and is will give a buyer a long term lease. In addition to the shop, there is a separate, secure enclosed yard where trucks can be parked. The business has been pre-approved for SBA financing with a 20% down payment.

Detailed Information

Location:
San Mateo County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,722
Lease Expiration:
N/A
Employees:
4
Facilities:
Business is located in a 3,722 sq.ft. building custom built for truck repair. In addition, there is a nearby, secure 5,000 sq.ft lot the owner leases for $3,500 a month to park trucks.
Growth & Expansion:
Business could be increased by opening on Saturdays.
Support & Training:
4 weeks at 30 hours a week
Reason for Selling:
Moving out of California
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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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