
For Sale: Auto Repair Shop $59,000
Listing Info
- Listed Price: $59,000
- Down Payment: $0
- Gross Sales: $350,760
- Total Income: $53,700
- Equipment/Fixtures: $25,000
- General Location: Downtown San Jose
Overview
Excellent location for auto repair and transmission on almost 1/2 acre of land with lots of parking. Work is 80% auto repair- 20% transmission work. The shop encompasses the entire property so you have full control and can secure the entire yard and the shop inside which is great for overnight or multiple day projects. The company has been in business for several years and is growing steadily every year. 3 lifts- all above ground, 3 mechanics and 1 transmission builder and 1 service writer. At this price, seller says that a buyer would have a great opportunity to increase business which would be explained to a qualified buyer. Great lease terms and price lease with options to renew. Owner are willing to stay on as a mechanic if the right owner prefers for up to 6 months. If you enjoy working with autos (not working on them), then this great opportunity may be for you.
Financial Information
- Gross Sales: $350,760
- Total Income: $53,700
- Listed Price: $59,000
- Down Payment: $0
Financing
- Owner to consider all offers
Asset & Lease Information
- Inventory Included: $5,000
- Leasehold Improvements: $
- Equipment/ Fixtures: $25,000
- Base Rent: $0
- Total Rent: $3,100
- Rent Deposit: $3,100
- Year Established: 2014
- Square Feet: 0
- Lease Ends: 5/2017
- Lease Options:
- Categories: Auto
- Other Assets:
Additional Information
- Full-Time Employees: 3
- Part-Time Employees: 0
- Contract Staff: 0
- Training Period: 2 Weeks
- Special License Required:
- Reason for Selling: Personal Emergency
Listing Disclosure
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller’s profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller’s and FCBB’s written approval. Any change made to this document without FCBB and Seller approval is not valid.
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