Automotive Repair Shop

Available

$350,000

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

Listing No:

4153

Status:

Available

Area:

San Jose

Price:

$350,000

Repair Business
Making $225,000 Net Income

This well-established Automotive Shop has been in business since 1988. The owner has been very successful in his shop and claims he has made good money during all these years, and he is ready to retire and travel around the world!


The repair shop is on a 2,200sqft. space with a base rent of $4,414/m


There is one more year left on the lease, and the landlord is willing to give a good lease with options to a qualified investor.


There is one full-time employee with a monthly payroll of $4,900. There are 3 x Bays and 3 x Lifts above the grounds.


The owner claims his Annual Net Income is about $225,000 without any employee, and with one technician, he claims his Net Income is $125,000

Business Details

Ownership Type:

Sole Proprietorship

License(s) Required:

Business

Home Based:

No

Year Established:

1988

Hours of Operation:

Broker to Broker CoOp:

No

Year Purchased:

1988

Business Relocatable:

No

Date Available:

06/22/2022

Business Type:

Auto

Franchise:

No

Reason for Selling:

Retiring

Business Financial Information

Annual Total:

Revenue:

Annual Net Income:

180,000

Inventory:

25,000

Monthly Payroll:

4,900/m

Base Rent:

4,414/m

Lease Expires:

2023

Lease Option:

New Lease

NNN:

Down Payment:

Owner Will Carry:

Other Finance:

Terms: