* Included in Asking Price
Only $99k down, great opportunity. Pandemic and recession-resistant. Well established auto repair center that has provided motorists in the North County area of San Diego with comprehensive auto repair services since 1989! They handle General Services, Car & Truck Care, Brakes, Alignments, Oil & Filter changes, Trans. service, Heating and Cooling Services, Engine Diagnostics, Wheel Services, and Miscellaneous Services.
---2019 sales were $388,253 with Seller's Discretionary Earnings (Cash flow) of $101,839
---Seller Note of $40,000 for 3 Years at 5% interest with $99,000 down for qualified buyers.
---NNN Lease of $4,922 per month.
This busy shop has two full-time techs and a service writer. The seller is willing to train for 2 weeks and stay on as an employee for 2 months if needed. All customers are either referrals or repeat business. Solid 4.5-star rating on Yelp. Upside potential by putting together a marketing plan and adding commercial fleet accounts. The buyer should have some auto experience.
* Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, owner's benefits/perks, and owner's compensation as reported by the Seller's Income Statements.
The information above was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.
For more information call Chip Alstrin, CMSBB License # 02035190 at Sunbelt, 760-931-9530, or email: firstname.lastname@example.org, we will need for you to sign our NDA and Buyer Profile prior to releasing any data on a listing.
DISCLAIMER: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.
Required Licenses: General licenses, BAR, EPA, City License
Real Estate Number: 01239761
|Competition:||Some direct competition in the immediate area|
|Growth Potential:||There is room to grow the business|
|Training/Support:||2 weeks, 30-35 hours per week.|
Seller Reference #SDCOAST001-N466
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