General automotive repairs in Monrovia.

Monrovia, CA
listing image
Asking Price:$160,000
Gross Revenue:$660,000
Cash Flow:$120,000
Established Year:1994
BUSINESS DESCRIPTION

Free standing Building in a great area of Monrovia. Business has been established 30 years, 6 with present owner. The Bldg. size is 3,192 SF with high ceiling, fits 4 cars inside, the lot size is 9,012 SF and can fit 10 cars. Has 3 bays, 3 hoists, an office 2 bathrooms and a storage outside Low rent $3,600/ MO, gross annual sales are $660,000, and the net income is $120,000.Semi absentee owner, business is run Run by 3 seasoned Mechanics Services include: general automotive repair services, mechanical and electrical diagnostic, engine overhaul, driveshaft lathes/balance/rebuild, A/C service, cooling system, transmission rebuilding and service, suspensions, brake jobs, clutch, timing belts, oil change and more. Equipment includes. 3 car lifts, SNAP ON TACH/DWELL Machine, 2 driveshaft lathes/balance/rebuild, identifix computer program, A/C service Freon machine, grinder, craftsman air cylinder machine, SNAP On rolling battery charger, SNAP ON check engine light diagnostic machine, portable air tanks, battery stand, engine stands, engine block stands, three 55 gallon oil tanks, waste oil tank stand, system one solvent tank, 4 floor jacks and more. Seller doesn’t advertise, he relies on word of mouth and his good service and reputation. Business opens 5 days Monday-Friday 8:00 am -5:00 pm Buyer can open Saturdays if he wants. This turn-key business with somewhat built-in clientele has a great potential to grow. New savvy buyer can put together a marketing plan, use social media, and benefit from the excellent visibility to promote the business. All equipment, furniture, and fleet account are included in the sale Health condition is forcing sale. You have to see it to appreciate it this opportunity will not last long on the market.


DETAILED INFORMATION
Location
Monrovia, CA
Inventory
Not Included in asking price
Employees
3
Facilities
The building size is 3,192 .Has 3 bays, 3 hoists, an office and 2 bathrooms. the lot size is 9,012 with 10 parking spaces. It is in a good condition with a rent of $3,600/Month.
Competition
The business is in a free standing building and in a great location. Services includes general mechanic work in addition to the drive shaft section that brings lots of business.
Growth & Expansion
Seller never advertise relying on word of mouth and his good service. A new savvy buyer can put together a marketing plan, use social media, and benefit from the excellent visibility to promote his business.
Support & Training
Seller can introduce the buyer to his customers, and show him the way he runs the business.
Reason for Selling
Health reason is forcing sale
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Michael Raad
Berkshire Hathaway golden realty
Michael Raad