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European Auto Repair & Sales Plus Services
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $613000
Net Profit / Cash Flow $160500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 4 - 5
Inventory 280000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Key employees will most likely stay after the sale. Owner will stay for a reasonable length of time to help with a smooth transition.
Reason for Sale Retirement.
Description This fine European auto repair and service business has been serving their community since 1990 and has built up a large loyal customer base. They work on all foreign automobiles, mainly focusing on the European varieties. They are located in a town with a high median income with customers who have a huge percentage of German made vehicles that need servicing. They are recognized for their good reputation, reliability, strong customer base, and customer service. This is a fantastic opportunity to buy and own a solid cash flow business that is located in a high traffic location. Call today for detailed information!
Name, recognition, reputation, profitability, established patronage, growth capabilities, diversity, location, and priced to sell - all of these attributes make this offering a sound venture for the fortunate party who acquires it. The property involved is a great investment for a new owner because no more permits for this type business are being offered. After years of hard work to establish a strong and loyal customer base, the current owner wants to retire and is ready to see a new owner take the business to the next level. The growth and expansion opportunities are limitless.
90 percent of the primary business activity is auto repair of foreign vehicles. 10 percent is auto sales. The 2000 sq. ft building is located on 1/2 acre on a corner lot in the middle of town. The shop area offers 3 bays. There is a work area, storage area and office. There are no more permits issued for auto repair in town, so this listing makes for a great investment.
Networking at car clubs and events, working with local realtors who will be selling in the new housing development planned for 2012, and extending business hours would increase profits for a new owner.
Inventory, equipment and $1.9 Million property is included in the sale. Financing Negotiable for the right buyer. Contact Jason Hullender for more Information. 972-331-6578
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