Auto Shop w/Seller Financing @8% in Modesto, CA.

Asking Price$725,000

Cash Flow
$297,386
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$950,614

Inventory$3,000
Not included in asking price
FF&E$145,000
Included in asking price
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Auto Shop w/Seller Financing @8% in Modesto, CA.


Asking Price$725,000

Cash Flow
$297,386
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$950,614

Inventory$3,000
Not included in asking price
FF&E$145,000
Included in asking price

Seller Financing Available
Business Description
Established in 2005, this modern shop offers many services including engine repair, tune-ups, muffler work, transmission, air conditioning, shocks, diagnostics, computerized alignment and more. Four bays are utilized in current operations; each with a lift (one in-ground), full tool setup, overhead fluids and computer access to the recently updated operating system, which offers tablets for checking in customers outside. Sold turnkey, including a tire machine, tire balancer, A/C 134A, A/C 1234YF, Sprint compressor, air compressor, parts washer, brake lathe just to name a few. The space includes a lobby, service counter, manager's office, customer bathroom and technician's bathroom. The seller, who spends 25% of his time working as a back-up mechanic, owns the building, which has two additional, unused bays and a small office for the buyer who would like to take the business to new heights from a four-bay shop to a six-bay shop with smog, tires or other additional services. The entire space is squeaky clean, organized and professional. The outside of the building, located on a busy street with great drive-by exposure, is tidy and has adequate parking. The courtesy vehicle for customer pick-up and drop-off is included in the sale. The seller will train and assist the buyer with the transition. The online reviews are overwhelmingly five-star. Shops like this don't come along everyday. The buyer of this business is walking into a reputable, profitable business ready to grow into the future. You should take a close look at this uncommon opportunity!
About the Business
Years in Operation
20
Employees
3
Facilities & Assets
Lease Terms Options: Seller owns the building, will craft mutually beneficial lease with buyer.

Facilities: Four bays, one office, two bathrooms, one lobby, one manager's office (semi-private)

FF&E Overview: Fully-equipped bays with all tools necessary to perform most auto repairs. Large tool boxes in each bay, lifts, tire machines, computerized alignment machine, overhead fluid delivery wheels, office and lobby furniture. All in good condition and included in the sale.

FF&E General Condition: Very good
Opportunities for Growth
The current shop is busy and the owner is comfortable with the size of the operation and income. A buyer looking to grow the business should lease the adjacent, additional two bays to add growth to the business and their bottom line, possibly offering additional services like smog or tires.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
Not Disclosed
About the Sale
Seller Motivation
Retirement
Transition Support
Number of Weeks Seller Will Offer Training: 4
Financing Options
Owner Terms:$478,000.00 Interest:8% Term Months:60 Monthly Payment:$9,692.00
Listing Info
ID
2092199
Listing Views
3662

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Business Listed by: Dana Smith Transworld Business Advisors

Listing ID: 2092199 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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