This location was Converted to a franchise Auto Collision and…
This is a 3 bay repair shop located in a gas station at the corner of two extremely busy commercial roads by the freeway entrance/exits in an affluent town along route 680. If visibility is important to you, you’ll really like this center!
It includes 2 heavy duty lifts, a wheel alignment rack (software update is needed on it), tire balancer, and tire changer.
There is about $5,000.00 of inventory (oil, tires, filters) which is not included in the asking price.
The seller is only open 8 hours/day and five days/week. His gross revenue from June to December 2020 ranges from $11K to $20K per month. He does not smog cars which the buyer is highly recommended to introduce as a new service. There are no employees.
The lease will be for 5 years with a 5 year option with a rent structure as follows:
5K/m for the first 2 years plus $500 for utilities.
6K/m for 3rd year plus $500 for utilities
6.5K/m for 4th year plus $500 for utilities.
7K/m for 5th year plus $500 for utilities.
7,210/m for 6th year plus $500 for utilities.
7,426/m for 7th year plus $500 for utilities.
7,500/m for years 8 to 10 plus $500 for utilities.
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