Auto Repair/Tire Center – Over $1,825,000 in Sales – Be Your Own Boss
- Listing Id: 8164
- Broker Name: Art Blumenthal
- Category: Auto Dealerships
- Asking Price: $500,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: $151,000.00
- Inventory: $50,000.00
- No. Of Full-Time Employees: 11
- No. Of Part-Time Employees: N/A
- Gross Income: $1,825,000.00
- FF&E: N/A
- Year Built: 1989
- Address: Click Here
- Zip Code: Click Here
- City: Ventura County
- State: CA
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Are you looking for an amazing opportunity to purchase an independent auto repair and tire center with annual sales that have averaged $1,700,000 sales over the past 4 years and grew 8.4% to $1,825,000 in 2014. This profitable business generated $151,000 in cash flow, affording an owner/operator an outstanding salary after Seller financing payments. The Business is well established with over 25 years of goodwill, excellent reputation for customer service, 5 star Yelp reviews and a loyal clientele. The Business comes with the tire and automotive equipment required to run a full service auto repair business, including alignment and total car care. It is located in the highly traveled Highway 101 corridor, surrounded by an above average income residential population. Eleven experienced employees will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide training and support during the transition period. The Seller is a partner in the real estate and will offer an advantageous lease of the property and $350,000 in Seller financing to a qualified Buyer.
Financial Summary
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