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Businesses for Sale: Listing Details

 
AUTO TUNE-UP AND REPAIR SHOP
Seller: Attn: Chris Seaman
Location: Poway, CA, USA
Listing Number: "106-10201"


Asking Price: $200,000 USD USA Dollars
Industry: Auto & Mech: Services & Gas Stations
Reason for Selling: Moving to Bay area near family
Year Established: 1988
Number of Employees: 1 Full Time, 1 Part Time
Yearly Cash Flow: $60,975
Yearly Gross Income: $360,000

Overview:
Established for 20 years as owner-operated Tuneup & Auto Repair Shop. Ideal for an experienced mechanic. According to the Seller this business is really busy with 5 bay full service auto repair. The business services both foreign and domestic cars. Services include: A/C, oil changes, brakes, radiator service, fuel injection services, computerized diagnostics, smog repairs, complete engine & transmission service. Sales and marketing: Weekly car count - approximately 50; Ticket average - approximately $150. Per the seller repeat business is an important part of his success; quality of work and honesty has made this a very successful shop. Sales remain steady in 2008. Seller says he could increase sales with $3,000 smog machine upgrade. Multiple effective ads and coupons keep customers coming. Facilities: Business has 2,500 Square Feet with 5 bays (3 in-ground lifts and 2 underground lube/oil-changing pits), a reception area and an office. All oil tanks are above ground (5 250-gallon oil and 1 200-gallon ATF tank). Located in a Free Standing building with great visibility on the main street, within a complex of complimentary auto service businesses that attract customers. Handicap reg compliant. Parking lot with plenty of space for parking cars. Monitoring wells. 5-year lease with two 5-year options. Equipment: Price includes $11,000 in parts inventory and over $70,000 in equipment including lifts, smog machine, brake lathe, scanner, test machines, software and more. Seller’s personal hand tools are not included in Sale. Employees: 1 full-time mechanic with business for 6.5 years @ $13 per hr; 1 recently hired part-time (25 hours per week) mechanic @ $8.50 per hour. Terms: $100,000 down payment; SCN 8% for 3 years

Property Features and Assets:
Leased location of 2,500 square feet with a total rent of $8,252. Seller is active in the business with 1 Full time and 1 Part time employee.

Additional Details:

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