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Automotive Center

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $950000
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2004
Number of Employees  1 - 3
Inventory  170000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Relocating.
Description  Centrally located in South Orange County, this Automotive Repair Center is just off the 5- Freeway, minutes from the affluent communities of Mission Viejo, Laguna Hills, Laguna Niguel, Lake Forest, Coto De Casa, LaDerra Ranch, Dove Canyon and Wagon Wheel. They have a loyal customer base that has been trusting them for all their automotive needs for over 10 years. Situated in a long continuous, high trafficked strip mall, this auto center has 6 bays for doing maintenance and repairs. They specialize in oil changes / lubrication, alignments, brakes, tune-ups, engine rebuilds and full-engine swaps and all electrical work. This part of the business makes up approximately 60% of their annual gross revenue. They are also a licensed smog certification station using ESP machines. This is 20% of their gross and leads to other repairs. Unlike most auto repair centers, they have an ''oil pit'' that accommodates RV's and large trucks. In addition, they have accounts with three different car manufacturers locally - they do ''re-con'' or reconditioning work for them. This nets them an additional monthly income that averages $30K. Being a Key Dealer/National Account for Bridgestone, Firestone, Continental and General tires results in lower-discounted pricing that earns them additional margins. And they get national exposure on these manufacturer's web sites. Tire & wheel sales make up about 20% of their gross and leads to brake repairs and alignments, etc. Established in 1981, the sellers have owned it since 2004. The facility is 8,000 sq.ft. with a 1,800 sq.ft. area that is not be utilized. This space is usually subleased for additional income between $1,500 - $2,400. There is plenty of storage for inventory and there is also a substantial side yard that can be utilized for storage as well. Seller will carry a note of $50K. Contact for more information on this Automotive Center for sale.
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