Thriving, F/S Auto Repair In San Jose - NEW ASKING PRICE @ $325K

OVER 60 YEARS OF EXCELLENCE AND TRUSTED SERVICE
Are you an industry veteran, an automative repair professional or an entrepreneur with business management experience?
This lucrative full service, one-stop auto repair center, a cornerstone in the community for over 60 years, serving thousands of regular customers could present a very exciting acquisition opportunity for you.

Turnkey business opportunity –this is a proven success story of continuous family ownership in the same prime location for over 6 decades. An enduring legacy with a loyal customer base and established operations infrastructure built over time provides the buyer with immediate cashflow and a solid foundation for growth opportunities.
New ownership will have access to the complete list of thousands of customers with full contact information, a roster of established and trusted vendors and the stability of 30 + wholesale accounts
The automotive repair center is fully equipped to meet the demands of the industry,
Plus inventory of approximately $100,000 included in the asking price

This business enterprise is well managed with all the systems in place for a new ownership transfer with minimum disruption to the daily business operations.
Owner who works FT is ably supported by an experienced team of 3 long term employees including a manager who is trained and fully capable of running the business independently.
If necessary, he can be upgraded to a GM role for an investor buyer to ensure a seamless transition. He is an experienced and accomplished auto tech with excellent technical and leadership credentials.
The 2 Long-Term Part-Time Employees, a Tire Tech and Automotive Tech have worked with Ownership for 20+ years collectively The Auto Tech is cross trained to handle a wide variety of all auto repair work.
A Full-Time Bookkeeper on a fixed monthly salary ensures the tidy upkeep of all books and records.
Ownership’s main focus is customer relationships, financial oversight, hiring/firing and purchasing. He takes two weeks of paid vacation annually demonstrating the stability and readiness of the business operations set up for new Ownership
This Auto Repair center has built a sterling reputation with 5-star yelp and google reviews. It is renowned for its commitment to provide excellent customer service and quality work consistently. Ownership does no marketing or promotion. New customers are acquired through referrals from satisfied customers.
This business opportunity could be a viable acquisition for a business management and marketing minded person or an enterprising entrepreneur looking to purchase a reliable income stream that require minimum management.
It may also be a strategic opportunity for an auto repair business looking to expand to this city in Silicon Valley to grow total revenue and net profits

Motivation for Sale: The Owner is ready to retire. He will provide training and assistance to ensure a smooth transition.. If necessary, Ownership is available for up to 3 months post training as a consultant. A consulting agreement would be negotiated separately between Ownership and buyer.

Investment Highlights
NEW Asking Price:
$325,000 (includes inventory valued at approximately $100,000)

Company Overview
General Information
- Organization: C Corp
- Year Founded:1962
- Employees: 1 FT, 2 PT
- Owner: 1 FT-
- Days Open/Hours: Mon -Fri – 8pm to 5pm
- Reason For Sale: Retirement
Financial Information
- Annual Rev: $1,008,201
- Monthly Rev: $84,016
- Annual SDE: $196,823
- Monthly SDE : $16,401
Lease Information
- Sq. Ft. 3,500
- Rent: $4,400(NNN included) per month
- Lease month on month.
- Parking: Abundant

DISCLAIMER: This Information has been provided by the Seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective Buyers(s) should rely upon their own verification and that of their financial and legal advisors for this information.