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San Jose, Santa Clara County, California
Auto Repair Center - Thriving, Profitable, FS
Asking Price
$325,000
Revenue
$1,008,201
Down
$325,000
Cash Flow
$196,823
Name: soo kong lim
Phone: Show phone number
Name
soo kong lim
Phone
Show phone number
Description
Are you an industry veteran, an automotive repair professional or an entrepreneur with business management experience?
This lucrative full service, one-stop auto repair center, a cornerstone in the community for over 60 years, serving thousands of regular customers could present a very exciting acquisition opportunity for you.
Turnkey business opportunity –this is a proven success story of continuous family ownership in the same prime location for over 6 decades. An enduring legacy with a loyal customer base and established operations infrastructure built over time provides the buyer with immediate cashflow and a solid foundation for growth opportunities.
New ownership will have access to the complete list of thousands of customers with full contact information, a roster of established and trusted vendors and the stability of 30 + wholesale accounts.
The automotive repair center is fully equipped to meet the demands of the industry.
Inventory included in the asking price.
This business enterprise is well managed with all the systems in place for a new ownership transfer with minimum disruption to the daily business operations.
Owner who works FT is ably supported by an experienced team of 3 long term employees including a manager who is trained and fully capable of running the business independently.
If necessary, he can be upgraded to a GM role for an investor buyer to ensure a seamless transition. He is an experienced and accomplished auto tech with excellent technical and leadership credentials.
The 2 Long-Term Part-Time Employees, a Tire Tech and Automotive Tech have worked with Ownership for 20+ years collectively The Auto Tech is cross trained to handle a wide variety of all auto repair work.
A Full-Time Bookkeeper on a fixed monthly salary ensures the tidy upkeep of all books and records
Ownership’s main focus is customer relationships, financial oversight, hiring/firing and purchasing. He takes two weeks of paid vacation annually demonstrating the stability and readiness of the business operations set up for new Ownership
This Auto Repair center has built a sterling reputation with 5-star yelp and google reviews. It is renowned for its commitment to provide excellent customer service and quality work consistently. Ownership does no marketing or promotion. New customers are acquired through referrals from satisfied customers.
This business opportunity could be a viable acquisition for a business management and marketing minded person or an enterprising entrepreneur looking to purchase a reliable income stream that require minimum management.
It may also be a strategic opportunity for an auto repair business looking to expand to this city in Silicon Valley to grow total revenue and net profits
Motivation for Sale: The Owner is ready to retire. He will provide training and assistance to ensure a smooth transition.. If necessary, Ownership is available for up to 3 months post training as a consultant. A consulting agreement would be negotiated separately between Ownership and buyer.
Investment Highlights
NEW Asking Price:
$325,000 (includes inventory )
Company Overview
General Information
- Organization: C Corp
- Year Founded:1962
- Employees: 1 FT, 2 PT
- Owner: 1 FT-
- Days Open/Hours: Mon -Fri – 8pm to 5pm
- Reason For Sale: Retirement
Financial Information
- Annual Rev: $1,008,201
- Monthly Rev: $84,016
- Annual SDE: $196,823
- Monthly SDE : $16,401
Lease Information
- Sq. Ft. 3,500
- Rent: $4,400(NNN included) per month
- Lease: 1 year plus 2 year option
- Parking: Abundant
DISCLAIMER: This Information has been provided by the Seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective Buyers(s) should rely upon their own verification and that of their financial and legal advisors for this information.
Posting Information
Posting ID:
288690
Business Category:
Home Improvement, Automotive & Vehicle, Building & Construction, Service, Maintenance
Business Types:
Auto Repair, Transmission Shop
Auto Repair
Repair, Maintenance Service
Keywords:
Santa Clara County, California, auto, repair, maintenance
Attributes:
Broker Cooperation
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Auto Repair Center - Thriving, Profitable, FS
Posting ID
#288690
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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