Description About This Posting: Auto Repair And Transmission Service
This is a 6 bay, 5,000 sq ft, auto repair shop with a waiting room as nice as Big O Tires or Less Schwab, 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 new PT mechanic making $12/hr, another FT making $25/hr, 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, transmissions and clutches, etc.
According to the tax returns and without doing any add backs, the 2018 gross income was 538,045.00, cost of goods was 133,280.00, with a net profit of $106,300.00 to the owner. The 2017 gross income was $657,811.00, cost of goods was 168,350.00, with a net profit of $125,831.00 to the owner. The 2016 gross income was $600,171.00, cost of goods was 153,084.00, with a net profit of $124,511.00 to the owner.
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.
To get more information about this Auto Repair And Transmission Service business for sale in
East Contra Costa County please phone Arka Kargodorian (Agent - BRE License #:01472435) at 925-818-1679 Cell and 925-818-1679 Text - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #249590 on BizBen.com. In addition to phoning
Arka Kargodorian, make sure you email Arka Kargodorian above to get more info about this
Auto Repair And Transmission Service, 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
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.
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.
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.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
I've worked at top Bay Area law firms and have extensive experience with business entity formation, mergers, dissolutions, conversions, employment matters, including experience in reviewing and negotiating transactional documents such as leases and purchase agreements.
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.
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