Contact: Charles Alstrin At 760-931-9530 , 760-652-9672 Cell - Also Email This Contact Below
Asking Price: $139,000 Down Payment: $89,000
Annual SDC: $102,000
Annual Gross: $388,253
Attributes: Broker-Broker Coop, Financial Assistance, Training & Support, Owner Financing
Only $99k down, great opportunity. Pandemic and recession-resistant. Well established auto repair center that has provided motorists in the North County area of San Diego with comprehensive auto repair services since 1989! They handle General Services, Car & Truck Care, Brakes, Alignments, Oil & Filter changes, Trans. service, Heating and Cooling Services, Engine Diagnostics, Wheel Services, and Miscellaneous Services.
---2019 sales were $388,253 with Seller's Discretionary Earnings (Cash flow) of $101,839
---Seller Note of $40,000 for 3 Years at 5% interest with $99,000 down for qualified buyers.
---NNN Lease of $4,922 per month.
This busy shop has two full-time techs and a service writer. The seller is willing to train for 2 weeks and stay on as an employee for 2 months if needed. All customers are either referrals or repeat business. Solid 4.5-star rating on Yelp. Upside potential by putting together a marketing plan and adding commercial fleet accounts. The buyer should have some auto experience.
* Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, owner's benefits/perks, and owner's compensation as reported by the Seller's Income Statements.
The information above was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.
DISCLAIMER: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.
To get more information about this Auto Repair Shop - Price Reduction, High Cash Flow business for sale in
San Diego North County please phone Charles Alstrin (Broker - BRE License #:02035190) at 760-931-9530 and 760-652-9672 Cell - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #259004 on BizBen.com. In addition to phoning
Charles Alstrin, make sure you email Charles Alstrin above to get more info about this
Auto Repair Shop - Price Reduction, High Cash Flow, to ask any questions or request an appointment to see this
business for sale. Thank you.