General mechanic shop in San Fernando.
| Asking Price: | $70,000 |
| Gross Revenue: | $300,000 |
| Cash Flow: | $90,000 |
| Established Year: | 1974 |
Free standing, corner location building on the most traveled Blvd in the city. This venue has a full visibility, and was established 50 years ago, 16 years with present owner. The Bldg. size is 1,900 SF, has 3 bays, 3 hoists, fully equipped office, storage areas, 2 bathrooms and 12 parking spaces. Rent is 2,600/MO (long lease available), gross annual income is $300, 000, and the annual net income is $90,000.Business is run by seller (his salary is included in the payroll) and one seasoned mechanic. It provides general mechanic and electrical auto services. The shop is fully equipped: 3 hoists, 10,000 lbs., 1 Bramick strut compressor,2+2+2 jack stand 2 ,3, 6 Ton, 2 tall 5 feet jack stand,1 Coats tire balancer, 1 Ranger tire changer,1 three ton floor jack, one 20 Ton shop press, AMMCO 4000 brake lathe,2 battery changers, 2 battery jumpers, transmission/P/S fluid Exchange machine, coolant exchange machine, transmission jack, 1 bench Vice, engine support stand, drill press, engine Cherry Picuer, 20 Gal oil drain container, fluid suction container,2 fuel injection canister canisters, solvent parts cleaner and more. All equipment, furniture and fixtures are included in the price. Business opens 5 days Monday-Friday 8; 00am-6:00 pm. seller doesn’t advertise or use any marketing means, he relies on word of mouth and his good service. This translates to significant upside potential. This turn-key business with somewhat built-in clientele base ( 600 customers’ names and phone numbers are on file) is waiting for a young energetic operator to bring it to its full potential. Seller is retiring after 16 years in this location and 41 years in the automotive business
