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Auto Repair Service, Real Estate For Sale - San Bernardino, California
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Profile: 125K Net Auto Repair + Real Estate + Lot For 30 Cars New/Used.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Rick Carlson, Broker
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| Primary Phone: |
800-985-4939 X225 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01820673 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/7/09 |
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| Date Last Revised: |
10/7/09 |
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| BizBen Ad #: |
146425 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,300,000 |
| Down Payment: |
$130,000 |
| Annual Revenue: |
$375,000 |
| Annual Adjusted Net: |
$125,000 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Call |
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Description:
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130K Down Buy With SBA 10% Car Sales Need To Be Added By New Owner, Expansion In Progress With City!
This Is A Tremendous Opportunity For A New Visionary Owner Operator Seeking Expansion Into An Existing 44 Year Old Established Auto Repair Business Along With The Potential To Expand Into The New Or Used Automotive Sales Business. Included In This Purchase Are All Of The Following:
1) 4000 Square Foot 5 Bay + 2 Office Building With All Fixtures, Furniture, And Equipment Necessary To Run 2 Successful Businesses With A Net Cash Flow In Excess Of 125,000 For The Owner On A 5 Day Work Week! These Businesses Are A Focused Automotive Electric/Electronic Business, Along With A General Auto Repair Business. Both Enterprises Specialize And Are Highly Regarded Within The German Engineered Automobile Community, But They Service All Makes And Models That Come Onto The Premises. Services Include Complete Air Conditioning, Timing, Engine, Transmission, Clutch, Struts, Shocks, Brakes, Radiator, Belts, Basically Anything That Hits The Fan This Shop Can Take Care Of It. Some Revenue Is Already Garnered By Doing Lien Sales Of Abandoned Cars. The Potential New Owner Could Do Lien Sales And Sales Of Other Cars With Extended Warranties. This Could Provide A Revenue Stream Via Sales, But Also Via Establishing A Long-Term Recurring Revenue Model, Whereby The Customers Rely On The Shop For Future Work When The Warranty Expires. These Revenue Figures From This Business Are Based On A Strict 5 Day Work Week, No Weekends Ever, Despite The Fact That His Clients Have Repeatedly Begged Him To Do Work On The Weekends. Owner Estimates A Monthly 10,000 Has Been Left On The Table In The Past Due To His Family Commitments. Sales Figures Are Roughly 70% Repair, And 30% Electric Work.
2) Unimproved Land On The Property Could Provide Enough Salable Real Estate To Park A Minimum Of 40-60 New Or Used Cars. The Owner Has Approvals For This Aspect Of The Business Already In Place, All That Needs To Be Done Is A 10,000 Investment In Paving The Location To Provide A Surface To Park The Cars Onto. Obviously This Is An Untapped Revenue Stream For The Current Owner, And Represents A Significant Overall Addition To This Acquisition. Inventory Obviously Would Be Necessary To Build Up This Component Of The Business.
3) The Current Owner Has Been In Long-Term Negotiations To Expand His Lot To Acquire An Additional 1.25 Acres Of Prime Cg-1 Commercial Real Estate At Fair Market Appraised Value. Currently A 3,000 Appraisal Is Needed In Order To Facilitate This Process And Should Be Done Immediately In Order To Continue This Expansion Process Started By The Current Seller. Much Of The Legwork Has Already Been Completed By The Seller So The New Buyer Would Be At The Home Stretch Of This Accession And Be In Tremendous Position For A Very Large Commercial Real Estate Parcel On A Major Thoroughfare. Buyer Should Note That The Purchase Of This Business And Real Estate, Can Not, And Will Not, Be Predicated On The Successful Addition Of This Land, And No Offers Will Be Written At All With A Contingency Regarding This Additional Detail. This Should Be Viewed Only As Icing An An Already Multi-Layered Opportunity!
Nda Is Required For Exact Business Address And To Set Up A Meeting With The Seller.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Rick Carlson, Broker at 800-985-4939 X225 Non Disclosure Agreement |
See All Our Other Businesses For Sale We Have Available
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