Auto Repair Shop

Auto Repair Shop

Available

$65,000.00

Listing Number :

 3737

Status :

Expired

Price :

$65000

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Area

10000

Description

Asset Sale
This is a 4 bay, 10,000 sq.ft auto repair shop with a waiting area, a separate office ,located in northern Alameda County. The business was established 30 years ago and the present owner has had the place for the past 7 years. There is a 3 full time mechanic making $23/hr. The owner is retired and his son took care of the business in the past 3 years and now his son moved out of the area. open M-F 8:00-6:00. The lease is 4 years with 5 years option. The total occupancy rent is $6100/mo 
They work on foreign and domestic cars servicing brakes,chocks,pumps,tune ups, auto maintenance, electrical, HVAC, diagnostics,radiators,etc. 
Seller Claims: The average Gross Sales over the last 3 years was $400,000 Seller is willing to carry a note of 30% to the qualified buyer. This is an asset sale please call Agent: Nima Sadati for more info: 925-787-2094
3737
Business Information Financial Information
Ownership Type:  Partnership
Year Established: 1989
Year Purchased: 2012
Business Type: Auto Repair
License(s) Required: Business
Hours of Operation: M-F 8-6
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3737
Date Available: 07/05/2019
Reason For Sale: Moving out of area
Annual Total Revenue: 400000 average last 3 years
Annual Net Income:
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 6100
Lease Expires: 2023
Lease Option: 1x5
NNN:
 
Financing Information
Down Payment: 165000
Owner Will Carry:
Other Finance Terms:

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