Established Automotive Repair Center & Tire Store For Sale

Business description

This successful 24 year old auto repair center and retail tire store has a reputation for competent, honest and dependable service. Revenues were up by 9% in the first seven months of 2009. Freeway visibility. They are a Napa Auto Care Center offering general repairs, A/C service, tune ups, brakes, alignment, smog test & repair, and complete tire service. Three commercial accounts. Mitchell on Demand software. 90% of business is repeat and referral. Clean books and records.

Three bays and a smog test rack inside and three hoists outside. Spacious .9 acre lot provides room for expansion. Upside potential includes selling truck tires, providing muffler service, servicing motor homes, and using the lot’s wide frontage to display cars for sale. Can be operated absentee. An energetic owner could increase revenues considerably. Pre-approved for SBA financing.

Year Established: 1985

Employees: 3 full time employees and contracted smog tech with a monthly payroll of $13,200

Facility: 3,600 square feet at a total lease cost of $3,900/month, expiring in July, 2011

Price Includes: All furniture, equipment and improvements. Inventory of approximately $3,000 not included.

Support/Training: Seller will provide training.

Reason for Selling: Retirement

Asking Price: $200,000

Gross Revenues: 579,100

Seller’s Discretionary Earnings: 102,900

Disclaimer: The above information is provided by the Seller. Neither Brokers nor its agents have confirmed, verified or audited any information provided by the Seller and Broker makes no representation as to its completeness, accuracy or reliability. Due diligence efforts are the responsibility of the Buyer. Broker encourages Buyer to engage competent legal, accounting and other professional service providers to evaluate this business.

Property information

Real Estate:

Lease

Lease terms:

$3,900 per month

Location:

3,600 sq. ft. building

Size in square feet:

3,600

Other information

Support & training:

Seller will provide training

Reasons for selling:

Retirement

Trading hours:

Monday-Saturday

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will negotiate financing

Inventory / Stock value:

$3,000