This is a 6 bay, 5,000 sq ft, auto repair shop with a very nice waiting room, a separate office, a kitchen, and plenty of parking spaces located in East Contra Costa. The business was established 34 years ago and the present owner has had the place for the past 6 years.
There is a PT mechanic making $12/hr, another FT making $25/hr, a mechanic who works on 1099,a service writer @ $17/hr for 4 days/wk, , and the owner who comes in the morning, gets employees going, then leaves. The owner works about 25 hrs/wk. Open M-F 8:00-5:00. Getting a 5 year lease and a 5 year option is not a problem. Present total occupancy rent is $5,750/m.
They work on foreign and domestic cars servicing wheel alignment, brakes, shocks, pumps, tune ups, auto maintenance, electrical, HVAC, diagnostics, radiators, etc.
The average gross sales over the last 3 years was $598,676.00, with an average cost of goods of $151,571.00, and an average net income of $118,881.00.
Seller is willing to carry a note of $50,000.00 to the qualified buyer. The seller's tax returns will qualify for an SBA loan. If you have the down payment, please call me for an appointment. Do not just send me an NDA or an email. I will give any and all information I have once we meet in my office in Walnut Creek.
To get more information about this Auto Repair Shop business for sale in
Contra Costa County please phone Arka Kargodorian (Agent - BRE License #:01472435) at 925-818-1679 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #254013 on BizBen.com. In addition to phoning
Arka Kargodorian, make sure you email Arka Kargodorian above to get more info about this
Auto Repair Shop, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
What are the actual "provable" adjusted net earnings (cash flow) of a small to mid-sized business being purchased? Buyers need to look carefully at all financial info for the "real" adjusted net income or cash flow. Peter Siegel, MBA (business purchase financing expert) at 925-785-3118 explains.
When selling a small to mid-sized business, owners should have their paperwork and financial information ready to go! They should also have a short business plan of past history, current operations, and potential for the future. In this BizBen Discussion several advisors and intermediaries weigh in.
Before buying a business, all serious business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity - from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 925-785-3118.
First the dreaded statistic: 80% of all California business buyers looking to buy a small to mid-sized business in California never end up doing so! Peter Siegel, MBA BizBen Founder And Director at 925-785-3118 covers successful tactics all business buyers of small businesses should utilize.
When seeking business acquisition financing, it helps to review a seller's addbacks as a source of funding to service the debt service. But explain them correctly. Peter Siegel, MBA business acquisition financing expert and advisor at 925-785-3118 covers this topic on financing a business purchase.
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Business tax filings are very important factor in determining the credibility of business financials. Just seeing those financials, you can't determine whether those values are overstated or not. Some business owners provide made up financials to buyers - so, that's where tax fillings come in.
Is it a good idea to start with a higher sales price for your business when going to market? San Francisco Bay Area Business Broker Rob Hartman initiates this Discussion on BizBen with other Advisors And Intermediaries on BizBen discussing this basic strategy of selling a small business in CA.