General mechanic shop in Arcadia.
| Asking Price: | $130,000 |
| Gross Revenue: | $233,556 |
| Cash Flow: | $72,582 |
| Established Year: | 1991 |
Prime location, excellent visibility in a great area of Arcadia. Established by seller 32 years ago. The BLDG. size is 1,767 SF, with a storage area an office and 8 assigned parking spaces. Rent is $3,912/MO, gross annual income is $233,556 and the annual net is $72,582. Has 3 bays, 2 hoists, and an alignment machine. Services include; general automotive repair services, mechanical and electric diagnostic, engine overhaul, A/C service, cooling system, transmission service, suspensions, brake jobs, clutch, timing belts, oil change and more. Equipment includes; alignment machine alignment rack, 2 hoists (2000LB each) , a compressor, tire changer, tire balancer, press work, floor jack ( Snap On), engine jack, transmission jack, 2 oil change buckets and more. Seller doesn’t advertise or use any marketing means; he relies only on word of mouth, his reputation and the good service he provides. Business opens 6 days Monday – Saturday 8:30am – 6:30 pm.
New savvy buyer can increase the revenues by just hiring a mechanic, start advertising, using social media, mailing out coupons, flyers etc. All equipment, furniture, fixtures and whatever inventory left by close of escrow is included in the sale. Currently the seller is running the business by himself because he wants to retire after 30 years in this location, and 52 years in the automotive repair business. This is a rare to find affordable opportunity in desirable city of Arcadia. Act now; it will not last long on the market.
