Auto repair shop with costar smog .

Asking Price$115,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$228,205

InventoryNot Disclosed

FF&ENot Disclosed

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Auto repair shop with costar smog .


Asking Price$115,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$228,205

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Prime location on a major blvd in desirable city of Glendora. This very well-known business was established 28 years, 8 years with current seller, and has built a large clientele base. The building size is 2,365 SF, has a high ceiling, 2 double base, 3 hoists (one is electric), rent is $4,634/Mo including NNN with ample parking spaces. Shop is fully equipped: smog Gvap machine (on rent) with a Dyno, smog machine fan, smog machine electrical and air line including connectors, brake lath machine, tire changer + balancer, engine scanner(MAC) , air conditioning machine, battery charger, battery jumper, engine hoist plus 3 engine stands, 3 bulk oil tanks with pump, 3 used oil tanks, press machine, struts spring mount, transmission jack, 3 free stand jacks, coil spring compressor, air compressor, oil gear pump, pneumatic manual operation fluid extractor, transmission service table, storage room, office and reception room, furniture that include: filing cabinets, fax machine, phones, office refrigerator, microwave, coffee machine and more. Gross annual income is$228,205, and the annual net income is $50,000 as per seller statement. Owner is not a mechanic himself, but has one full time mechanic/smog technician, he pays him $4,333per month. Business opens 6 days 8:00am-5:00pm and Saturday 8:00 -2:00. The seller is not engaged in any active marketing, which translate to significant upside potential. This turn-key business with somewhat built- in clientele is waiting for a savvy mechanic ,or a smog technician with hands on to put together a marketing plan, and benefit from the excellent visibility to promote the business and bring it to its full potential. All equipment, furniture and fixtures are included in the sale. You have to see it to appreciate it. Health reason and retirement are forcing sale.
Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
About the Business
Years in Operation
28
Employees
1 Full-time
Facilities & Assets
The size of the building is 2,365 SF and it is in good condition, included in the sale is the equipment, furniture and fixtures. Has a good parking spaces. the rent is $4,634/Month including NNN. It is in one of the best locations in Glendora.
Market Outlook / Competition
business is in prime location. It will provide auto repair service and smog shop in one place. Business has been established since 1998 with a good clientele base.
Opportunities for Growth
Current seller is not a mechanic, he is old and has health issues. Previous seller used to have 2 mechanics and a smog technician and used to make over $100,000. Now the shop has only one mechanic/ smog technician. New buyer can hire 2 mechanics in addition to the smog technician, start a marketing plan and he will realize a significant increase of income.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,365
Rent
$4,634.00 per month
About the Sale
Seller Motivation
Health reason and retirement.
Transition Support
Seller will guide buyer on how he is managing the shop.
Listing Info
ID
2481610
Listing Views

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Business Listed by: Michael Raad Berkshire Hathaway golden realty

Listing ID: 2481610 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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