High-Capacity Five-Bay Established Foreign Auto Repair Shop
Business Description
We are looking for someone who has numerous years of experience in the auto repair field and also has experience in operating an auto repair business. An ideal person would be someone looking to expand their current auto repair business or move into this location.
With the current lease cycle entering its renewal phase, the owner is looking to pass the torch immediately so the new buyer can secure their own custom, lease terms directly with the landlord.
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.
Bring your own team of experienced technicians for a smooth transition.
Revenue: Average of $1.4 million annually over the past 3 years
Profitability: Consistently profitable with limited add-backs over the past 3 years
Shop facility, side lot with adequate parking, and upstairs customer internet lounge.
Current rent is $7255 per month. 5 year lease remaining at market rates. Monthly rent to increase yearly - $8516 (2027); $8941.80 (2028); $9210.05 (2029); $9486.35 (2030); $9770.94 (2031).
Customers: Long-time repeat clients, steady referral business, and strong website presence.
Asking price: $200,000 negotiable
***PLEASE NOTE*** - Only serious qualified parties that meet the requirements described above, should inquire.
With the current lease cycle entering its renewal phase, the owner is looking to pass the torch immediately so the new buyer can secure their own custom, lease terms directly with the landlord.
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.
Bring your own team of experienced technicians for a smooth transition.
Revenue: Average of $1.4 million annually over the past 3 years
Profitability: Consistently profitable with limited add-backs over the past 3 years
Shop facility, side lot with adequate parking, and upstairs customer internet lounge.
Current rent is $7255 per month. 5 year lease remaining at market rates. Monthly rent to increase yearly - $8516 (2027); $8941.80 (2028); $9210.05 (2029); $9486.35 (2030); $9770.94 (2031).
Customers: Long-time repeat clients, steady referral business, and strong website presence.
Asking price: $200,000 negotiable
***PLEASE NOTE*** - Only serious qualified parties that meet the requirements described above, should inquire.
About the Business
- Years in Operation
- 60
- Employees
- 3 (2 Full-time, 1 Part-time)
- 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 per month
About the Sale
- Seller Motivation
- Owner is seeking a well-timed exit to enter retirement.
- Transition Support
- The owner is highly motivated to sell as he plans to retire.
- Financing Options
- *Financials will be disclosed upon the signing of an NDA.
Listing Info
- ID
- 2429774
- Listing Views
- 2998
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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