Profitable General Auto Repair & Smog Garage for sale

San Diego, CA (San Diego County)

Seller Financing Available
Profitable General Auto Repair & Smog Garage for sale
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Asking Price: $169,000

Cash Flow: $100,000

Gross Revenue: $475,000

EBITDA: $75,000

FF&E: $25,000

Inventory: $25,000

Rent: $3,750 /Month

Established: 1931

Profitable General Auto Repair & Smog Garage for sale

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Business Description

general repair and factory maintenance service provided

Well established repair & smog shop in the ocean beach area for 40 years ,due to the great loyal customers in the small beach community ,total Reduced price of $,169,000.dollars due to health issues.,Inventory ,new shop equipment scanners , computers ,& tools,and ,also shop vehicles on loan every day is included in the selling price ,also the good daily useable equipment ,The average sales over the last 3 years $ 475,000 ,a year ,net income of $75,000.00 year without any add backs ,substantial discretionary income is available thru parking revenue plus special venues available ,long term employes avail also ,5 day week work schedule . the employees can manage & run the shop .if needed long term

Detailed Information

Location:
San Diego, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
25,000
Lease Expiration:
12/31/2020
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Aprx. 2500 +sq. ft building 8 working bays ,2 outside lifts ,3 inside lifts , 21 parking stalls , one block from beach ,
Competition:
beach town community , repeat customer service ,the other shops in town are given referrals if we can not repair vehicle in a timely manner ,and that attitude goes both ways.
Growth & Expansion:
we are only open 5 days a week ,7.30 to 5.pm ???, work more hrs or stay open more days
Financing:
60,000.00 avail for financing at 3.5%
Support & Training:
some financial assistance may be avail.to qualified buyer. training is avail,will give what is needed for 3 to 6 month not every day 4 hours a day ? three to 4 days a week only if needed or wanted ,for small fee
Reason for Selling:
health issues
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Business Listed By:
robert woodard

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