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Business Established For Over Forty Years. It Specializes In Muffler Sales And Service And Is Operated By The Seller As A Sole Proprietorship. Reason For Sale Is Owner Wishes To Retire. It Is Located In A Prime Anaheim Ca Location With Heavy Traffic Flow. The Shop Has Two Bays With Four Lifts. One Of The Lists Is Easily Converted To Provide Wheel Alignment Or Brake Service.
The Business Operates On A Six Day Basis. It Employs Two Long Term Sales And Service Technicians. Both Have Been With The Business Thirteen Years Or Better And Speak Fluent English And Spanish. They Are Willing To Remain If Asked. A Well Cared For Apartment Is Located Above The Shop And Is Available For Lease. The Shop Space Cost Is $3,800 Per Month And The Apartment May Be Had For An Additional $1,050 Per Month. All Equipment And Inventory Is Included In The Sale Price.
Gross Sales $364,000
Cost Of Sales $ (91,000)
Oper Exp $(130.500)
Net Operating Income $142,500
Asking Price $165,000
Cap Rate 8.6
Note: All Numbers Are Best Estimates.
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