Established Riverside Auto Repair Shop
Financial Information
- Asking Price: $114,000
- Gross Revenue: $318,016
- Cash Flow: $118,114
- Down Payment: ON REQUEST
- FF&E (Included): N/A
- Inventory: $3,000
- Financing: No
Business Location
- Riverside
- Riverside City
- California
The owner is retiring after serving more than 30 years in the auto repair industry. This well-established business has clean financials & tax returns. They have a strong base of loyal clients, a solid reputation, and competitive pricing to meet client's needs. Gross income has been very high and sustainable for the past few years. They have an established web presence and social media. The business has strong ratings on Google and Yelp. This is a great opportunity for a father and son without considerable startup costs and unexpected delays. Repair services include: Tune Ups, oil changes, brake repair, clutch, engine, transmission replacement and more. This two bay facility comes with 11,000 and 9,000 lb. hoists, Snap On battery plus charge station, compressor, work benches, oil & coolant barrels, floor jacks, Snap On modis edge scanner with station, transmission screw jacks, engine hoist, stand up grinder, and more.
Growth / Expansion overview
This two bay business uses little effort for online marketing. Someone with customer service skills and social media knowledge could help this shop double their income. Also, new owners can expand business days and hours.
Support / Training Comments
30 days, up to 8 hours per day
Reason For Sale
Retirement- Home Based: No
- Year Established: 1987
- Franchise: No
- Year Acquired: 1987
- Willing to Train: Yes
- Relocatable: Yes
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: 2
- Part time Employees: 1
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 1,300 sq ft
- Parking: Available
- Monthly Rent: $1,576