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- RE: Foreign Automotive Maintenance SC2167 - Profitable
- Contact: Adriana Sargent
- License #: 02100708
Quick Facts
Asking Price: | $749,000 | |
Annual Revenue: | $1,700,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $230,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1986 | |
Employees: | 9 | |
BBN Listing #: | 943045 | |
Broker Reference #: | SC2167 |
Business Overview:
Absentee Owned Award Winning Profitable Foreign Automotive Maintenance Business - Price Reduced! - SC2167
Financial Information
Asking Price: $749,000
Cash Flow: $230,000
Gross Revenue: $1,700,000
Down Payment: $749,000
CA 02100708
NV 1003039
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Property Features and Assets:
Business Location
City: Northern California
State: California
Detailed information
Year Established: 1986
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 5
Part-Time Employees: 4
Contractors: N/A
Owner Worked Hours/week: 4
Adjusted EBITDA: $130,000
Inventory Included: Yes
Inventory Value: $10,000
Monthly Rent: $5,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 6,800 square feet
FF&E Included?: Yes
FF&E Value: $100,000
Market Competition and Expansion:
According to Allied Market Research, the automotive industry in North America will reach a market size of $78.4 billion in 2022. Data from the industry experts at IBIS show that in 2021, the U.S. automotive industry put 15 million new cars on the road. Nationwide, 282,637 automotive repair companies are currently in business, with 614,433 employees across multiple disciplines. CAGR is projected to hover right around 7% through 2030.
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.
Reason for Selling:
The Seller is selling to retire.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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