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For Sale: Auto RepairTires - Shasta Mountain Area, California

$780,000.00

Asking Price

  • Status: Active

  • Posting ID: 283167

  • 10/4/23

Description

The building is priced at $325,000. The business price is $455,000 INCLUDING an inventory of approx.

$80,000.  for a total purchase price of $780,000. All  SBA approved with approx. $135,000 down. for the business and property including $80,000 in inventory. What a way to leverage your $$. Shasta Mountain Area. This SBA loan is a fixed rate for the business and real property. (This is unheard of). The building has a customer service area for customers to wait while their vehicle is being worked on. The building has 4 bays an assortment of lifts, and service repair equipment for auto repairs and tire mounting. The present market conditions are excellent as proven by the seller's track record. There is competition in the area but obviously, it has no impact on the seller's sales. The shop has been open 5 days per week for many years. It's a no brainier to open on Saturdays and really see the sales take off.

The deal is already SBA-approved. The seller is willing to stay on 30 to 60 days with the buyer depending upon the buyer's background. It is highly suggested that the buyer have some direct or indirect experience in the auto/tire repair business. Seller's net income in 2022 was $191,605. Bear in mind if a couple could operate the business, one partner can eliminate the office manager's salary of about $28,000 and add it to the bottom line of $219,605. Sales for 2023 appear to be running slightly ahead of sales for 2022. DON'T MISS THIS!

To get more information about this Auto RepairTires business for sale in Shasta Mountain Area please phone Michael Marich (Broker - BRE License #:02077522) at 916-772-7309 Cell and 916-849-8771 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283167 on BizBen.com. In addition to phoning Michael Marich, make sure you email Michael Marich above to get more info about this Auto RepairTires, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02077522. The Capital Group.

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Contact

  1. Name: Michael Marich
  2. phone iconPhone: 916-772-7309 Cell
  3. phone iconPhone: 916-849-8771

Details

  1. Asking Price: $780,000.00

  2. Down: $135,000.00

  3. Cash Flow: $191,605.00

  4. Revenue:    $811,762.00

  1. Area: Shasta Mountain Area

  2. City: None Given

  1. Attributes:

    Training & SupportReal Estate Included

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Related Links & Information Regarding This Posting

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