Location: 3947 Foothill Blvd, La Crescenta, CA 91214
Established: 1985 (at current location since late 1980s)
Reason for Sale: Owner retiring
Key Features
- 7 service bays and 9 lifts (no pits)
- Smog & Muffler tenants on month-to-month leases; rental income included
- Current rent: $15,000/month + NNN, offset by ~$4,000/month from tenants (below market)
- Skilled workforce: 5 mechanics + long-term independent contractors (25+ years)
- Owner to remain onboard during transition
- Strong tire sales (~30% of revenue) with opportunity to expand
Financials & Operations
- Gross Sales: $80,000 – $90,000/month ($960,000 – $1,080,000 annually)
- Labor Cost: ~$20,000/month
- Operating Hours: 7 AM – 5 PM, Monday – Friday (closed weekends)
- Rent: $15,000/month + NNN
- Inventory: ~$25,000 (at cost)
- Asking Price: $399,000 + inventory
- Seller Financing: Possible (owner may carry note)
Growth Potential
- Extend operating hours and open on weekends
- Modernize marketing: social media, SEO, local advertising
- Increase tenant rents to market levels
- Expand tire business and cross-selling opportunities
- Implement updated shop management systems and customer service
Yelp reviews highlight strong reputation, emphasizing honesty, reliability, and fair pricing. This reputation is a valuable intangible asset that enhances goodwill.
Conclusion
Confidence Auto Center represents a rare opportunity to acquire a long-established, reputable auto repair business in La Crescenta with upside potential!
Please sign NDA and Provide proof of funds for more info!
Ad#:2414504
