Profitable Auto Repair, Property Also Available

Riverside, CA (Riverside County)

Seller Financing Available
Profitable Auto Repair, Property Also Available
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Asking Price: $759,000

Cash Flow: $232,400

Gross Revenue: $855,000

EBITDA: N/A

FF&E: $160,000

Inventory: $150,000

Rent: $7,480 /Month

Established: 2003

Profitable Auto Repair, Property Also Available

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Business Description

17 year old auto repair business. Long history of profitability with loyal customer base. Specializing in high end makes. Great reputation with 5 star ratings. Gross revenue of $855,000 with $232,000 profit. Building is also available for purchase or buyer can lease from the seller. Clean financials. This business has been pre-approved for an SBA loan.

Detailed Information

Location:
Riverside, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,800
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Open Tues-Sat 8-5
Financing:
$709k down with the balance seller carry note for 36 months at 5% interest.
Support & Training:
2 Weeks
Reason for Selling:
Lifestyle Change
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(from currently available funds)
 
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Mark Godwin

Business Listed By:
Mark Godwin

First Choice Business Brokers San Diego

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Sponsoring Broker:
First Choice Business Brokers San Diego

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