Net income $260,000 SBA approved, low rent, prime location Auto repair
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This business has been approved for SBA loan.
High Profit, Low Rent, Excellent Location with 25 years of customer retention Auto repair shop. Approx -/+ 3000 sq ft Auto Repair shop with $1500.00 rent was established 25 years ago. The location is a very nice newly developed area with lots of homes across the street. The garage is well Maintained with plenty of parking front and back. A roll up door, with four lifts. On hand inventory is approximately$2000.00 The location also has a loft area, right now used for storage. Nicely kept clean reception area. This business is ran by the owner and two employees.
Per Tax returns for the seller,
2024the Gross income $436,000 and Net income is $220,000.00
2023 Gross income $497,000 and Net income is $227,000.
2022 Gross income for 536,000 –Net income 264,000.00.
2021 Gross income554,000.00--- Net income 207,000.00
The lease has 4.5 years left on the lease. High marks on reviews. Owner is looking to retire and spend more time with the family.
High Profit, Low Rent, Excellent Location with 25 years of customer retention Auto repair shop. Approx -/+ 3000 sq ft Auto Repair shop with $1500.00 rent was established 25 years ago. The location is a very nice newly developed area with lots of homes across the street. The garage is well Maintained with plenty of parking front and back. A roll up door, with four lifts. On hand inventory is approximately$2000.00 The location also has a loft area, right now used for storage. Nicely kept clean reception area. This business is ran by the owner and two employees.
Per Tax returns for the seller,
2024the Gross income $436,000 and Net income is $220,000.00
2023 Gross income $497,000 and Net income is $227,000.
2022 Gross income for 536,000 –Net income 264,000.00.
2021 Gross income554,000.00--- Net income 207,000.00
The lease has 4.5 years left on the lease. High marks on reviews. Owner is looking to retire and spend more time with the family.
About the Business
- Years in Operation
- 26
- Employees
- 3 (2 Full-time, 1 Part-time)
one full and one part time employee plus the owner - Facilities & Assets
- This is a 3000 sq ft location with a $1800 dollar rent with a ten year lease ready to go. There are 4 hoist, snap air compressor, portacool shop cooler, double wall oil container tank, bench grinder, battery charger, and much more.
- Market Outlook / Competition
- There is room for another mechinc to be hired to increase the sales even further, the reviews are very good on this location and with a little more advertising you can do even hirer numbers.
- Opportunities for Growth
- A little more advertising can increase sales.
About the Sale
- Seller Motivation
- retiring
- Transition Support
- The seller will do 20 hours of training for two weeks.
- Financing Options
- Business is SBA approved. Mechanic shop experience is plus
Listing Info
- ID
- 2277948
- Listing Views
- 2250
Listing ID: 2277948 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Auto & Automotive Businesses for SaleCalifornia Auto Body & Repair Businesses for Sale
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