Auto Repair Shop  •  $250,000

Location: Santa Cruz Area
Seller: Rex Walters
Phone: 831-239-2080

Business Summary
If You Love Cars, Profits, And Santa Cruz, This Is The Opportunity For You! Owner Will Finance With At Lest 50% Down. Also SBA Pre-Approved! Seller Is Motivated And Wants To Work Less And Travel, But Will Consider Staying On Part Time If New Owner Desires. This Business Best Suited For Very Experienced Auto Repair Mechanic Such As Ase Certified Or Master Mechanic Looking For High-End Clientele In The Santa Cruz Area.

Auto Repair Is Consistently Rated As Among The Best Small Businesses To Be In For 2009, And Especially During Tough Economic Times (See About.Com, December, 2008 For Example). SBA Qualified For Purchase Loan. This Business Is Very Profitable And Revenues Are Increasing.

If You Have Ever Dreamed Of Being You Own Boss, Living In Santa Cruz, And Working With An Extremely Loyal Customer Base Of Over 1,700 Highly Satisfied Customers, This Is It.

Auto Repair Business, Walking Distance To The Ocean, For Sale In Beautiful Santa Cruz, Ca. Established Over 20 Years, Averaging About 20 Customers Per Week, This Area Institution Had Reported Gross Sales Of 413,517 In 2007, And 410,000 In 2008. Seller’s Discretionary Earnings Have Ranged From 95,000 To 107,000 Over The Past Four Years.

Shop Consists Of: Approximately 2,284 Sf, A Separate Office Area, Latest Computer Billing And Data System, Eight Designated Extra Deep Parking Spaces, And Approximately 150,000 In Specialized Repair Tools. Four Independent Lifts Keep Business Pumping Five Days A Week. Owner Currently Works Full Time Managing Shop And Also Overseeing Repairs. New Owner Could Run Part Time If Needed.

Owner Is Ready To Retire And Travel, But Will Stay On And Train New Owner For A Month, Or As Needed To Ensure A Smooth, Trouble-Free Transition. Two Longtime Senior Mechanics Are Eager To Stay.

With A Definitely Higher-End Clientele, Excellent Customer Service Ratings, And A Proprietary Service Contract Many Repair Shops Would Die For, This Auto Repair Shop Is Truly One Of The Gems In The Area.

Gross Sales: 413,517 In 2007; 410,000 In 2008
Sde: 95,000 To 107,000 Range Per Year Over Past 4 Years
Price: 250,000
Down: 50% Down And Seller Finance.
Sba Approved For Up To 80% Financing For Qualified Buyer.

Seller Financing For Qualified Buyer, Or SBA.