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Business for sale in California
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| Company Details: | BIR Business Brokers |
| Agent Detail: | Peter Kho |
Auto Repair Shop
Advert Id : 24324
Location: California
-South Bay/Torrance
Category: Automotive
Financial summary
Asking Price: 99,800.00
Sales revenue: 180,000.00
Net profit: 84,000.00
Furniture/Fixtures value: 45,000.00
Inventory/Stock value: 2,000.00
Sales revenue: 180,000.00
Net profit: 84,000.00
Furniture/Fixtures value: 45,000.00
Inventory/Stock value: 2,000.00
Business description
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Auto Repair Business Opportunity Torrance, CA This is an established auto repair going concern. The current owner has been involved in the business for more than 6 years and built up a solid business model based on a target market. The majority of the cliental is from the neighborhood community. It has earned a reputation in the neighborhood as the most reliable and trusted provider of auto repair service and parts. The facility services all domestic cars as well as major Japanese makes and some European. The owner is the mechanic and uses part time whenever necessary. With the two hoists, they can easily produce monthly revenue of $30,000 with an extra full time mechanic. This will allow the business to net a further income to the owner of at least $3500 per month increasing the current monthly net by 50%. Location: The business is located in the Torrance Area in an auto specialty enclosed mall bordering a major Supermarket. It has 2 bays with 2 hoists in a 1000 square foot enclosure. The lease is ready for renewal at the end of the year. Organization: The entity is organized as a Limited Liability Company. Reason for Sale: Other Businesses Interests Asking Price: $99,800 including the FFE Financials Gross Sales: $15,000/month Net Profit: $7000 /month Annual Net Profit: $84,000 FF&E: $45,000 Included in price Inventory: $2,000 not included in price Property Information Size: 1000 square feet Rental: $1400 per month including CAM Lease: New Lease Financial Profile: Annual Sales $180,000 Cost of sales 70,000 Gross profit $110,000 Rent 17,000 Utilities 6,000 Others 3,000 Net profit $ 84,000. |
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Call Peter Kho (Agent) at 310-316-3316 X108 or 800-350-8722 Email: peterskho@gmail.com
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General Information
Years established: 2006
Employees: Self
Employees: Self
Other Information
Expansion: yesSupport Traning: Seller will train fro 2 weeks free
Reason Selling: Other business interests
Lease Terms: $1,400 including CAM month-to-month
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