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Tire, Wheel & Automotive Repair rolls in profits! REDUCED!

Ventura County, CA

Seller Financing Available
Tire, Wheel & Automotive Repair rolls in profits! REDUCED!
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Asking Price: $950,000

Cash Flow: $325,000

Gross Revenue: $2,600,000

EBITDA: N/A

FF&E: $110,000

Inventory: $32,000

Rent: $15,656 /Month

Established: 1992

Tire, Wheel & Automotive Repair rolls in profits! REDUCED!

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Business Description

This business has been providing one-stop, on-the-spot auto repair to its
customers since 1992. Located in Ventura County, CA they provide automotive
and truck repairs and maintenance, including the selling and servicing of tires and
wheels for customers from Moorpark Thousand Oaks, Simi Valley and surrounding
areas. They do it all, big and small, from tires & wheels to brake repairs, suspension
work, wheel alignments and more. They have a solid customer following and have
earned a 4-star review on Yelp, where the customers rave about the quality of
service and integrity of the shop.

Detailed Information

Location:
Ventura County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,777
Lease Expiration:
8/31/2029
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building is approximately 5,777 square feet residing on approximately 25,700 square feet of commercial land. They have 6 bays and lifts in the front, plus 2 lifts in the back and an alignment rack for large RV’s and trucks. Ownership estimates the FMV of Furniture, Fixtures and Equipment to be approximately $125,000 - $150,000. There is a large customer waiting room and a customer bathroom, as well as a bathroom in the back for employees. The facility has 9 parking spaces with a lot of extra parking in the back, which features a large fenced lot for large vehicles, boats, semi-trucks and extra cars.
Competition:
Well established and respected community shop, servicing generations of local families.
Growth & Expansion:
While most of the business is generated from repeat customers and word-of-mouth, the increased use of email and social media campaigns is anticipated to increase revenue and profits.
Financing:
SBA Financing is available for a qualified buyer.
Support & Training:
The owners are committed to ensuring a smooth and successful transition to the new owner. They will introduce the Buyer to all of the key customer and vendor relationships and train the Buyer in the management responsibilities of the business. The owners are willing to train a new owner for a reasonable period of time after the close.
Reason for Selling:
The owners have decided to retire and move out of state.
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Steve Barnett

Business Listed By:
Steve Barnett

KeyStone Business Advisors

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Sponsoring Broker:
Dave Richards

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