Loading Contents...

  • Listing No.: 101-16005

  • Category: Auto

Asking Price $399,531.00
Down Payment $389,531.00
Gross Revenue $736,924.00
Total Adjusted Net Income $227,743.00
Equipment / Fixtures $171,525.00
Year Established 1994
General Location
Print This Listing

Rare find - 25 year established independent full-service auto repair shop. The seller is proud to say that this shop has a fantastic reputation of excellent auto repair service with a 4.8-star Google rating!  Primary services include Air Conditioning, Brakes, Catalytic Converters, Custom Exhaust, Fuel Injection Service, Transmissions, Preventative and Schedule Maintenance. Currently the business is only open Monday through Friday 7am - 5pm; however seller believes that the business should be open on Saturdays which provides a great opportunity for an increased bottom line. Shop is over 7100 SF with 13 bays which provides room for growth in our booming Las Vegas market. Seller typically does not actively participate in the shop day to day operation. Seller’s primary role is management and marketing.  Since 1994 the shop has a long history and reputation of providing quality service. The staff in place is experienced, knowledgeable and dependable.

Gross Revenue $736,924.00 Listed Price $399,531.00
Total Income $227,743.00 Down Payment $389,531.00
Base Rent $5,800.00 Square Feet 7100
Total Rent $5,800.00 Lease Expiration 9/2019
Rent Deposit $5,800.00 Lease Options 2 / 5 year
Inventory $12,000.00 Leasehold Improvements
Equipment / Fixtures $171,525.00 Other Assets
Full-Time Employees 3 Training Period 15 Days
Part-Time Employees Special License Required
Contract Staff 1 Reason for Selling Taking care of parents and their business in Southern California

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.