Well established Auto Repair Shop

Santa Cruz, CA
listing image
Asking Price:$425,000
Gross Revenue:$380,000
Rent:$2,500/Month
Established Year:1991
Cash Flow:$260,000
Inventory:$20,000
EBITDA:$1
BUSINESS DESCRIPTION

A great business for 33 years and still growing. I started working on Subarus in 1979 at the dealer in Santa Cruz. In 1988 the dealership changed owners and all the mechanics were let go. I worked for an independent shop until August of 1991 when I opened my business. It took six to seven years to build a solid mostly Subaru customer base, (we do work on a small amount of Toyota's and Honda's). We have many customers that have been with us for 33 years. We now see their children and grand children. Our customers are like friends and family to us.I have learned so much over the years on running a shop. By working on one make of car we are able to learn about recurring problems and many tricks to fix problems that most shops don't want to deal with. I feel that we are able to really take care of our customers.We stock most parts for doing services and repairs witch allows us to complete most jobs the same day. We also keep a good relationship with the dealer for parts and warranties.A few years ago we started doing tires for our customers My goal for selling the business if possible is to find someone to carry on taking care of our customers. There is room to grow, we have three car lifts so a third mechanic would work well and some advertising would increase business. We have never advertised and are booking two to three weeks in advance. A 5 year lease is available. All part, special tools, computers and equipment are included in the sale. We expanded to a bigger shop 8 years ago with better parking.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
3
Facilities
Car lifts, Trany jack, brake lathe, flywheel resurfacer, floor jack, spring compressor, smoke machine, tire changing machine, tire balancer, small press, 2 roll around oil drainers, oil filter crusher, engine hoist, jack stands, trany stand, Brake fluid bleeder,office computer and shop computer, Mig welder, shop heaters, New Matco scanner, Key flash computer, tire sensor computer, many Subaru special tools. We use Alldata Shop Manager.
Competition
Business is very strong, we get two or more new customers every week with new cars that don't want to go to the dealer. Many shops in Santa Cruz sends us there problem Subarus.
Growth & Expansion
We have two mechanics and three lifts. A third mechanics and advertising would increase business. Add more car makes, we do turn away lots of people every week with non Subaru's. When the dealer changes shop managers we usually see a few mechanics looking for work, Good time to get a fully up to date Subaru certified mechanic. Good way to be updated on the new cars.
Support & Training
We can train for two -four weeks. Alldata program, Use and operations of all the tools, computers, daily operation and maintenance of equipment. Help set up our suppliers for parts, fluids, oil drop off and used oil pickup. Tirer recycling and metal recycling.
Reason for Selling
Retiring and moving out if state.

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Ricky Pearce
Ricky Pearce