Auto Repair Shop

Available

$340,000

GasStation-RealProperty-Sacramento-Business-Brokers-4160_edited.jpg

Listing No:

4080

Status:

Available

Area:

Alameda

Price:

$340,000

Auto Repair Shop Making Net Income of $275,000

This is a well establish Business on a 3,000 sqft. lot doing business since 1989 under the same management team.


The building size is 2,600 sqft. with $5,000 Base Rent with $625.00 NNN, which includes (Water, Garbage, Tax, and Insurance). There are 4 x Full-Time employees with a $20,000 to 25,000 monthly payroll.


The seller claims his Gross Annual Sale is $1,100,000, and his Net Income is about $275,000 a year.

Business Details

Ownership Type:

Sole Proprietorship

License(s) Required:

Business

Home Based:

No

Year Established:

1989

Hours of Operation:

8.00am - 5.00PM/ 5 x days a week

Broker to Broker CoOp:

No

Year Purchased:

1989

Business Relocatable:

No

Date Available:

01/31/2022

Business Type:

Auto

Franchise:

No

Reason for Selling:

Retiring

Business Financial Information

Annual Total:

1,100,000

Revenue:

Annual Net Income:

275,000

Inventory:

Monthly Payroll:

20,000/m

Base Rent:

5,000/m

Lease Expires:

Lease Option:

NNN:

625.00/m

Down Payment:

Owner Will Carry:

Other Finance:

Terms: