Well Established Auto Service & Repairs

San Diego, CA

Seller Financing Available

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Asking Price:$335,000
Gross Revenue:$900,000
FF&E:$75,000
Cash Flow:$145,000
EBITDA:$145,000
Established Year:1985
BUSINESS DESCRIPTION

Retiring seller: excellent opportunity

Established in 1985 at this location, present owner since 2017. Around 50% of its revenue is thru servicing fleet clients. Grosse4s around $900,000 average a year. has 4 full time mechanics, 5 lifts, 6 bays for a total of 6,000sf including front office. Plenty of gated parking, Lease expires in 2027 with options to renew available to qualified buyers. Rent is $6,900/month gross, incl CAM's.


DETAILED INFORMATION
Location
San Diego, CA
Inventory
Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
6,000sf including 6 Bays, 5 lifts, front office plus huge gated parking. The Lease expires in May 2027 but the Landlord is willing to offer options to renew to a qualified Buyer. The Landlord owns and operated the Used Cars Sales business located next door.
Competition
Well established clientele. Repeat fleet customers.
Growth & Expansion
Possible with more aggressive promotion and advertisement.
Financing
Seller willing to carry back a note for $50,000 at 6% amortized.
Support & Training
Up to 2 weeks (negotiable)
Reason for Selling
Owner retiring
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Joe
Saad
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Joe Saad