Location: Central Coast, California
Business Description: Recreational Vehicle And Marine Repair Sales And
Service Business With Real Estate
Price: 2,650,000 (Includes 75,000 In Inventory At Cost And Real Estate)
Gross Income Of Business: 501,983.
Net Income Of Business: 66,605.
Facilities: One Fully Functioning Business, Two Other Income Producing Buildings To Help Pay For Mortgage.
Ownership Structure: S-Corporation
Tenure: Owner
Leases On Additional Business: Month To Month
Rental Income: 44,400 Per Year
Reasons For Selling: Focus On Business Not Related To Current Business
Owner Financing (For Business): To Be Negotiated
Sba Qualified: Yes
Training Provided: Yes, 2 Weeks
Year Established: 1975
Well-Known Business Located On The Main Thoroughfare Of This Fishing/Tourist Village Includes Real Estate With Other Functioning Businesses To Help Offset Mortgage Payment.
Front Of The Building (Retail Sales) Is 50 Years Old, While The Back (Service Department With 2 Bays) Is Only 20 Years Old. Located In The Jewel Of The Central Coast, Morro Bay Is One Of California Greatest Attractions And Best Seaports Located At The Halfway Point Between San Francisco And Los Angeles. Business Has Unobstructed Views Of Highway 1. Rv Side Of Business Specializes In Engine Repair, Suspension Repair, Trailer Chassis Repairs, Refrigerator Rebuilding, Air Conditioning Services And Is An Authorized Service Center For All Major Rv Appliances. Marine Service Side Of Business Specializes In Repair Of Diesel And Gas Engines, Complete Repair, Electrical And Stern Drive Services. They Do Boat Trailer Service And Repair And Outboard Service And Repair As Well As Emergency Repairs. Business Provides Retail Sales Of Parts And Supplies From A Corner Lot With Two Other Businesses Renting Out Buildings For Additional Income.
Current Business Is Licensed By The Californian Department Of Motor Vehicles For Used Sales Of Rv’s, Boats, And Trailers, Licensed To Sell New Outboard Motors. Business Does Propane Sale And Has A Highly Regarded Service Department That Has An Amazing Reputation With Locals And Tourists.
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