Premier Automotive Repair Center with Freeway Frontage Real Estate

Riverside, CA (Riverside County)

Premier Automotive Repair Center with Freeway Frontage Real Estate
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Asking Price: $199,000

Cash Flow: $121,105

Gross Revenue: $511,701

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Real Estate: $998,500*

Established: 1934

*not included in asking price.

Premier Automotive Repair Center with Freeway Frontage Real Estate

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Business Description

After many decades of success the seller is finally ready to retire and offer this iconic & profitable automotive repair business including its premier real estate. A full service auto repair facility with its multiple service bays and qualified employees, the best ASE Certified Technicians, with over 50 plus years of combined experience. This experienced & seasoned staff creates an efficient operation and will compliment a smooth transition to a new owner. Domestic, foreign, motorhomes, customs, and hot rods are their specialities. Providing diagnostic and repair services: engine repair, transmission repair, differential repair, brake repair, maintenance and tune ups, computerized engine controls & diagnostic, A/C and heating repair, electrical diagnostic and most general automotive repairs. Seller-owned real estate of approximately 2,700 plus square feet on .4 acres with great freeway visibility, ideal access and plenty of parking. Location, location, location defines this ideal piece of real estate. Clean financials & tax returns. Limited seller financing may be available to a well-qualified buyer. Confidentiality is vital, so be prepared to demonstrate your financial capabilities and sign a NDA Agreement.

Detailed Information

Location:
Riverside, CA
Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
2,700
Employees:
3FT; 2 PT
Support & Training:
The Seller will agree to train with Buyer as per a mutually agreed Seller Training Agreement following the close of escrow, included in the purchase price. Additional training/consulting may be available from the seller, if required, for a negotiable fee.
Reason for Selling:
Retiring
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Vince Castelluccio

Business Listed By:
Vince Castelluccio

Sunbelt Business Sales, Mergers & Aquisitions

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Sponsoring Broker:
D. Joe Atchison,CBI,CBB,CMMBI,MBA,CPA

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