They do everything except body, paint and upholstery work. This is an excellent opportunity with more upside potential. Business is located in one of Central California's finest communities.
This Automotive Repair Service is a well-established profitable business with a good reputation, and prides itself on being up to date with the latest technology in the industry. Including EV's.
The owner has positioned this business for a sale by hiring and training its employees to support a new owner. He will train the new owner and will remain with the Business as a paid employee if desired.
The Business is equipped with 8 Bays, 4 above ground lifts in the 2,400 square foot building, two outside the building and two bays with no lift in the smog area. The Star rated smog and repair station acts like a funnel to bring business into the repair shop.
It has an extensive Furniture Fixtures and Equipment List valued by the owner at approximately $173,000. The real estate valued at $490,000 is available for purchase or lease. Business qualifies for SBA Financing, for a qualified buyer.
This a ready to go money making machine and you get out of the rat race and live in one of the nicest communities in California.
Facilities:
The Subject property is located in Central California. According to the public record the lot is 18,730 sq. ft. and the improvements are 2994 sq. ft. consisting of a 594 sq. ft. building built in 1922 and a 2400 sq. ft. building built in 1925. There is also a 15'X10' building with two bathrooms, two metal sheds and a large carport. It is presently being used by the owner as an automobile repair and smog shop. I verified the zoning, and it is T-5 Downtown, the present use complies with the zoning but a new buyer should verify that with the City planning department.
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: $49,000.00
Detailed Information:
Lender Prequalified: No
SBA Prequalified: Yes
Rent: ON REQUEST
Is Going Concern: Yes
Market Competition: The Business has grown an average of 5% annually over the last 3 years, new automobiles have increased in cost and interest rates are higher causing more people to keep their cars longer. Older cars need more repairs.
