Hot Listing

Established Foreign Auto Repair Shop - 60 Years of Proven Success!

Asking Price$425,000

Cash Flow
$319,270

EBITDA$290,520

Gross Revenue$1,425,000

Inventory$40,000
Included in asking price
FF&ENot Disclosed

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Hot Listing

Established Foreign Auto Repair Shop - 60 Years of Proven Success!


Asking Price$425,000

Cash Flow
$319,270

EBITDA$290,520

Gross Revenue$1,425,000

Inventory$40,000
Included in asking price
FF&ENot Disclosed

Business Description
Highly respected family-owned foreign car repair business operating continuously since 1966 at the same prime, high-visibility location in San Mateo. The shop has built a stellar reputation for expertise in Volvo, Saab, VW, Subaru, Audi, Mercedes, BMW, Hyundai, Kia and Mini Cooper earning the trust of generations of loyal clients.

The business is founded on honesty, fairness, professionalism, values that have earned it a strong community reputation and numerous 5-star reviews. With a dedicated owner-operator and two technicians, the operation runs efficiently and profitably.

Revenue: Average of $1.4 million annually over the past 3 years

Profitability: Consistently profitable with limited add-backs over the past 3 years

Facility: Shop and upstairs customer internet lounge, 5 year 9 mos. lease remaining at market rates

Customers: Long-time repeat clients, steady referral business, and strong website presence
About the Business
Years in Operation
59
Employees
2 (2 Full-time)
Apprentice and journeyman
Facilities & Assets
Facility is approximately 4,800 square feet with four parking stalls and a side lot of approximately 5,896 square feet with parking lot and enclosed fencing. Customer internet lounge located upstairs. Business comes with all equipment including lifts, benches, AC and specialty tools for each make of automobile and furniture. A detailed inventory list is available upon request.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,800
Rent
$7,255.00 per month
About the Sale
Seller Motivation
Retiring
Transition Support
The owner is highly motivated to sell as he plans to retire but willing to stay on for a negotiated time frame to facilitate a smooth transition.
Financing Options
*Financials will be disclosed upon the signing of an NDA.
Listing Info
ID
2429774
Listing Views
27

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Business Listed by: Amy Jonsson

Listing ID: 2429774 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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