$749,000.00
Asking Price
Status: Active
Posting ID: 285227
10/8/24
Description
Absentee Owned Award Winning Profitable Foreign Automotive Maintenance Business - Price Reduced! - SC2167
Financial Information
Asking Price: $749,000
Cash Flow: $230,000
Gross Revenue: $1,700,000
Down Payment: $749,000
This Northern California based foreign automotive maintenance business is a California Limited Liability Company and was formed 38 years ago and has been under current ownership for the past 8 years. This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts…and the list goes on. They specialize in Toyota, Lexus, Honda, Acura, Subaru, Nissan, Kia, Hyundai and Mazda – all Asian imports! From major mechanical work to basic service, their ASE certified technicians can do it all. They have all the latest technology for computerized cars but also the equipment to service older cars. They have been voted the Best Auto Repair business over 10 times in recent years. With six lifts, they are continuously busy but have great turnaround on repairs.
Business Location
City: Northern California
State: California
Reason for Sale
The Seller is selling to retire.
Detailed information
Year Established: 1986
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 5
Part-Time Employees: 4
Contractors: N/A
Owner Worked Hours/w: 4
Adjusted EBITDA: $130,000
Inventory Included: Yes
Inventory Value: $10,000
Monthly Rent: $5,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 6800
FF&E Included?: Yes
FF&E Value: $100,000
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.
Market Outlook/Competition
According to Allied Market Research, the automotive industry in North America will reach a market size of $78.4 billion in 2022. Data from the industry experts at IBIS show that in 2021, the U.S. automotive industry put 15 million new cars on the road. Nationwide, 282,637 automotive repair companies are currently in business, with 614,433 employees across multiple disciplines. CAGR is projected to hover right around 7% through 2030.
CA 02100708
NV 1003039
To get more information about this Foreign Automotive Maintenance - Absentee Owned business for sale in please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285227 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Foreign Automotive Maintenance - Absentee Owned, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.
Contact
Details
Asking Price: $749,000.00
Down: $749,000.00
Cash Flow: $230,000.00
Revenue: $1,700,000.00
Area:
City: None Given
Attributes:
My Notes About This Listing
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 288433 | Available | 10/6/24
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Revenue
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Down
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Down
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Cash flow
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Revenue
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Down
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Asking Price
Call/Email
Cash flow
$230,000
Revenue
$1,700,000
Down
$749,000
Posting: 285227 | Available | 10/8/24
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Asking Price
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Bldg Size
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Typical Floor Size
Call / Email
Year Built
1989
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Cash flow
$145,870
Revenue
$964,384
Down
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Cash flow
$162,510
Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
Call/Email
Revenue
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Down
$100,000
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Total Investment
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Min Liquid Cash
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Net Worth
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Franchise Fee
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Cash flow
$1,200,000
Revenue
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Down
$4,500,000
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Cash flow
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Revenue
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Down
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Cash flow
$500,000
Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
$180,000
Revenue
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Down
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Cash flow
$215,000
Revenue
$1,000,000
Down
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Cash flow
N/A
Revenue
N/A
Down
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Cash flow
$504,927
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Down
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Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
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Cash flow
Call/Email
Revenue
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Down
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Cash flow
Call/Email
Revenue
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Down
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Cash flow
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Revenue
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Down
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