Well established Subaru repair business, Truly turn key opportunity.

Santa Cruz, CA
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Asking Price:$375,000
Gross Revenue:$380,781
Rent:$2,800/Month
Established Year:1991
Cash Flow:$380,000
Inventory:$15,000
FF&E:$40,000
BUSINESS DESCRIPTION

Specializing in Subaru for 33 years has made us the best alternatives to the dealer. We stock most servicing and common parts so the cars get done the same day making customer's happy. . A great opportunity for an honest person that loves to help people. Providing good jobs for good mechanics. We expanded to a bigger shop 8 years ago with good office space, three bays, lots of storage and better parking. May need to expand in the future with one more bay that is opening next door. Specializing in Subaru's Repair and service. (90% Subaru's and 10% Honda and Toyota has made us very popular with Subaru owners. .With three lifts, Brake lath, Flywheel resurface , Tire machine ,balancer and many specialty tool. We have a high % of returning customer's, many have been coming to us for 33 years. and new customer's from the dealer every week. Commonly booked for two weeks in advance. Now we are booking 6 week out. Can grow the business with a third mechanic and advertising. 5+ year lease available. Good location with bus stop out in front, coffee shop one block away, one mile walk to the beach, great for the waiting oil changes.


DETAILED INFORMATION
Location
Santa Cruz, CA
Inventory
Included in asking price
Real Estate
Leased
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Market conditions are very good. People are keeping their cars longer and not trusting the dealer. For 33 years we are the completion in town. We don't advertise and have never had the need to. We are honest and take very good care of our customer's. Most are like family and trust us with their cars and their kids cars witch is a great feeling for all of us.
Growth & Expansion
We have three bays and three car lifts, Small shop next door may come available in the near future with one bay and one lift, extra bathroom and more parking. Cons. The parking works as it is, We are always busy with Subaru's, if someone wants to expand to other car lines the parking would be hard to manage. We can keep three mechanic's busy 8 hours a day 5 days a week as it is now.
Support & Training
Willing to train in office work and Shop work.
Reason for Selling
Finally retiring

BUSINESS LOCATION
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Ricky Pearce
Ricky Pearce