Turnkey Auto Repair In A Sought-after Location.
Redwood City, CA San Mateo County
Bay Area
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- RE: Turnkey Auto Repair In A Sought-after Location.
- Contact: Business Team
- License #: 1160661
Quick Facts
| Asking Price: | $390,000 | |
| Annual Revenue: | $957,662 | |
| Net Profit: | $329,554 | |
| Cash Flow: | $329,554 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1970 | |
| Employees: | 1 | |
| BBN Listing #: | 990163 | |
| Broker Reference #: | 11641 |
Business Overview:
Auto Repair and Tire Shop
Established: Originally founded in the 1970s, this well-regarded business has built an impeccable reputation within the community.
Acquired By The Current Owner: April 2019
Performance: Profitable from the very first year of new ownership
Size: Approximately 3,000 sq. ft., including rear parking and convenient access from El Camino
Additional Space: A studio/office located on the second floor is included in the rent
Location: High-visibility area with heavy traffic flow
The current owner is highly motivated to sell as he plans to relocate closer to his home and focus on his family and his second business in the East Bay. This is a fantastic opportunity to own 11641
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Property Features and Assets:
The current lease will expire on 12/31/2025, Rent $7,000, Square Feet 3,000
Licenses:Â Business, CDTFA
Hours:Â Monday through Friday from 8 am to 6 pm, Saturday from 8 am to 4 pm
Inventory is included in the purchase price $20,000
Reason for Selling:
MovingAdditional 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
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