* Included in Asking Price
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.
This is a great opt. the owner should have some auto experience possibly as a tech.
---2019 sales were $388,253 with Seller's Discretionary Earnings (Cash flow) of $101,839
---Seller Note of $50,000 for 5 Years at 5% interest with $99,900 down for qualified buyers.
---NNN Lease of $4,451 per month.
This busy shop has two full-time techs and a service writer. The seller is willing to stay on after the training period for up to 6 months as an employee 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.
* 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, 760-652-9672, 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.
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 hours per week.|
|Seller Financing:||* Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's|
Seller Reference #SDCOAST001-N466
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