Description

Profitable Auto Repair Shop in North OC. Great Location. Low Fixed Rent. This profitable auto repair shop has been in business for over 5 years. Currently generating $113,400 in annual net profit. One full time employee is well trained and can run the shop on his own. Rent is low and fixed at $1,800 per month for the next 8 years with no annual increases. Great street-front location near a major intersection with high visibility, good signage and ample parking. The 1,000 sq. ft. shop is clean and comes with 2 doors (room for 3 bays), two hoists and a recently upgraded customer lounge. Lot has a gate to protect all property. Seller does not advertise and the shop is only open Monday thru Friday. Seller has been offered a non-auto related job and wants to accept it. At an asking price of 1.7 times annual cash flow, this shop is priced to sell. Seller will stay on for a reasonable period for training and to ensure a smooth transition. Seller financing available for a qualified buyer. • Sales: $242,900 • Seller’s Discretionary Cash Flow: $113,400 • Inventory (included in price): $5,000 • FF&E (included in price): $20,000 • Asking: $195,000 Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability. For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at 714-619-9310. Email: steve@sunbeltorange.com. Fax: 949-666-5823.

Posted Dec 22, 2012

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