Huntington Beach Auto Repair Service For Sale

Business description

Automotive Repair Business - Huntington Beach, CA

A well-established auto repair shop, this business is located in an upscale area. There is extensive customer loyalty, 80% repeat, with potential for an additional contractual relationship with a nearby well-known, high-volume used car dealer. The owner does very little marketing. The business has seen an influx of new customers who are choosing to keep and maintain their older automobiles. The location includes 3 double bays and 5 lifts (2 underground) and offers complete auto repair services in a clean and neat environment. Can handle much more business. Price recently reduced.

The Owner is willing to train and introduce the new owner to the shop?s clientele. He also may be willing to stay on as a contract employee to help market the business, bringing years of personal specialty expertise in AC, electrical and general automotive repair. The business utilizes Mitchell Accounting software and 2 computer stations, a $10,000 value, which retains excellent accounting, service manuals and customer information.

The business has been at the same location for more than 20 years and is well-branded with an excellent reputation in the area. The average service order exceeds $500, more than double the industry average for equivalent size shops.

The Owner also owns the underlying real estate which he may also consider selling. He is planning to retire.

Employees: Owner/Operator and 1 F/T employee.

Facility: For lease at $5,800/month, with negotiable terms.

Price Includes: Furniture, fixtures, equipment, stock and improvements. Equipment replacement cost estimated at $80,000 plus. Inventory of approximately $5,000 included. (Personal tools at $70,000 and antiques at $25,000 not included but negotiable.)

Real Estate: Available at $1,700,000 with negotiable terms.

Support/Training: Seller will provide training.

Reason for Selling: Owner planning to retire.

Asking Price: $ 149,000

Gross Revenues: $ 365,000

Sellers Net Cash Flow:$ 60,500

For more information on this business opportunity, please contact: Jim Orth.

Property information

Real Estate:

Lease

Lease terms:

$5,800 per month

Location:

Available for lease or purchase

Other information

Support & training:

Seller will provide training

Reasons for selling:

Seller no longer wishes to operate

Trading hours:

Monday-Saturday 9-5

Financing available:

Seller will negotiate financing

Furniture / Fixtures value:

$80,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)