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Fremont, Alameda County, California
Asking Price
$75,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Ravi Jagtiani
Phone: Show phone number
Name
Ravi Jagtiani
Phone
Show phone number
Posting ID:
290173
Attributes:
Absentee Run
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This asset sale could be your opportunity to open your own auto repair shop, or relocate your current shop! Located in Huntington Beach, this 6,000 square foot shop rents for 4,000/month, and has ample room to for auto repair, engine repair, suspension/drivetrain services, struts and shocks repair/replacement, and tire sales/installation. The shop has a large customer waiting area, two offices, ample storage, plus an upstairs loft that overlooks the shop. The current owner upgraded the electrical system as required by the City of Huntington Beach. The owner is selling all of the fixtures and equipment, including six 2-1/2 ton floor jacks, one10-ton floor jack, two tire mounting machines, three tire balancers, alignment rack, two Aamco 4000 brake laithes, and more! This opportunity won't last! Call (562) 795-0500 now to get more information and the full equipment list. The owner is selling the assets because he is moving his business to a new location. ** An asset sale is a sale in which the seller cannot prove profits, there is no profit, or it is a break-even business. Many times the asset sale price of the business is substantially less than if you were to go buy the fixtures and equipment, do the build-out, and start from scratch. Be advised that there are no books and records to review. You are buying the business as is and there is no representation for present or future cash flow.**.
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Established In 2002 Near Riverside, The Shop Is Located In In A Small Strip Center On A Major 4 Lane Highway With Good Mix Of Tenants Including Restaurant, Bar, Flower And Beauty Shops. Earn A Steady Income With This Tobacco Shop Selling Cigarettes, Cigars, Pipes, Accessories, Soft Drinks, Candy Etc. The Rent In The 600 Sq Ft. Shop Is 650/Month Including Cam So You Just Pay For Electric And Phone. The Landlord Is Willing To Offer Similar Lease Terms Plus A Term Which Includes Two, Five Year Options To A New Tenant With Good Credit. The Seller Says Sales Are Between 25K To 30/Month Gross In This Cash Business With Net Around 6 To 10K/Month. Seller And His Family Moving Back To Europe After Training. Inventory Averages About 35,000 Counted At Closing. Listing Price Is 77,500 Plus Inventory Or 112,500.
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