Auto repair shop located in an auto service complex which houses multiple complementing auto service related businesses such as smog service, tire installation service, auto alarm installation service & the likes.
The center is located on major intersection in Santa Ana & it is a polar destination for so many car owners & independent auto dealerships as well.
The current owner subleased the shop to a mechanic who works for himself & takes care of all the shop expenses including insurance, utilities, rent & other related business expenses & pays the owner $1,000 a month which is a net profit for the owner & he does not have to do anything in or for the shop. It is a 100% absentee ownership for the owner.
The owner believes the shop operator yearly revenue is over $200,000 with net profit of over $120,000 or more a year.
The reason the owner wants to sell the business is the expansion of his other non-auto repair related business & needs to invest some more funds into it which is growing very rapidly.
Annual Revenue: Call/Email
FF&E: $25,000 (Included in the price)
Inventory: $1,000 (Included in the price)
Seller's Discretionary Cash Flow: $52,000
Asking Price: $60,000
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
For more information contact Mehdi Kazerooni at SUNBELT BUSINESS BROKERS of ORANGE COAST at 714-619-9310 ext. 252. Fax: 949-861-6498. Email: firstname.lastname@example.org
Seller Reference #ORCSTCA001-N1975
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