Automotive Business For Sale in 0 California

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.

Call Peter Kho (Agent) at * * *** X108 or * * *** Email: [Email Censored]

• Expansion: yes
• Years Established: 2006
• Employees: Self
• Support Training: Seller will train fro 2 weeks free
• Reason For Selling: Other business interests
• Lease Terms: $1,400 including CAM month-to-month