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Business Listed by

Sunbelt Riverside County

Contact: Vince Castelluccio
Office Phone: 951-678-5671
Mobile Phone: (951) 907-6320
Listing ID: RIVERCA001-N995

Premier Automotive Repair Center with Freeway Frontage Real Estate - Riverside

Financial Information

  • Asking Price: $199,000
  • Gross Revenue: $511,701
  • Cash Flow: $121,105
  • Down Payment: NEGOTIABLE
  • FF&E (Not Included): ON REQUEST
  • Inventory: $5,000
  • Financing: Yes

Business Location

  • Riverside
  • Riverside City
  • California
Primary Business Category: Automotive Repair and Maintenance

After many decades of success the seller is finally ready to retire and offer this iconic & profitable automotive repair business including its premier real estate. A full service auto repair facility with its multiple service bays and qualified employees, the best ASE Certified Technicians, with over 50 plus years of combined experience. This experienced & seasoned staff creates an efficient operation and will compliment a smooth transition to a new owner. Domestic, foreign, motorhomes, customs, and hot rods are their specialities. Providing diagnostic and repair services: engine repair, transmission repair, differential repair, brake repair, maintenance and tune ups, computerized engine controls & diagnostic, A/C and heating repair, electrical diagnostic and most general automotive repairs. Seller-owned real estate of approximately 2,700 plus square feet on .4 acres with great freeway visibility, ideal access and plenty of parking. Location, location, location defines this ideal piece of real estate. Clean financials & tax returns. Limited seller financing may be available to a well-qualified buyer. Confidentiality is vital, so be prepared to demonstrate your financial capabilities and sign a NDA Agreement. To request more information call or email Vince Castelluccio at 951-907-6320, [email protected]


Support / Training Comments

The Seller will agree to train with Buyer as per a mutually agreed Seller Training Agreement following the close of escrow, included in the purchase price. Additional training/consulting may be available from the seller, if required, for a negotiable fee.


Financing Comments

Limited seller financing for a well qualified buyer. SBA Financing may be available.


Reason For Sale
Retiring
  • Home Based: No
  • Year Established: 1934
  • Franchise: No
  • Year Acquired: 1993
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $998,500
  • Real Estate Asking: $998,500
  • Days Open: Mon. - Thurs.
  • Hours Open: 7:30 am - 5:30 pm
  • Fulltime Employees: 3
  • Part time Employees: 2
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: ON REQUEST
  • Building Size: 2700 sq ft
  • Monthly Rent: N/A

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