Opportunity Auto Repair Center in Encinitas with Cash Flow of $102,000, AP only $149k

Financial Information

  • Asking Price: $149,900
  • Gross Revenue: $388,253
  • Cash Flow: $101,839
  • Down Payment: 0
  • FF&E (Included): $31,000
  • Inventory: $3,000
  • Financing: Yes

Business Location

  • San Diego
  • San Diego County
  • California
Primary Business Category: Automotive Parts, Accessories, and Tire Stores

Well established auto repair center that has provided motorists in the North County area of San Diego with comprehensive auto repair services since 1989! They handle General Services, Car & Truck Care, Brakes, Alignments, Oil & Filter changes, Trans. service, Heating and Cooling Services, Engine Diagnostics, Wheel Services, and Miscellaneous Services. This is a great opt. the owner should have some auto experience possibly as a tech. ---2019 sales were $388,253 with Seller's Discretionary Earnings (Cash flow) of $101,839 ---Seller Note of $50,000 for 5 Years at 5% interest with $99,900 down for qualified buyers. ---NNN Lease of $4,451 per month. This busy shop has two full-time techs and a service writer. The seller is willing to stay on after the training period for up to 6 months as an employee if needed. All customers are either referrals or repeat business. Solid 4.5-star rating on Yelp. Upside potential by putting together a marketing plan and adding commercial fleet accounts. * Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, owner's benefits/perks and owner's compensation as reported by the Seller's Income Statements. The information above was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability. For more information call Chip Alstrin, CMSBB License # 02035190 at Sunbelt, 760-652-9672, or email: [email protected], we will need for you to sign our NDA and Buyer Profile prior to releasing any data on a listing.


Competition Description

Some direct competition in the immediate area


Growth / Expansion overview

There is room to grow the business


Support / Training Comments

2 weeks, 30 hours per week.


Financing Comments

* Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller.


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1989
  • Franchise: No
  • Year Acquired: 1989
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: General licenses, BAR, EPA, City License

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: 6
  • Hours Open: 8-5
  • Fulltime Employees: 3
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 2200 sq ft
  • Monthly Rent: $4,451
  • Lease Expires: 05/31/2021

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Business Listed by

Sunbelt San Diego Coast

Contact: Hal Janke, Pres.,CBI, FIBBA
Office Phone: 760-931-9530
Mobile Phone: 760-612-7018
Listing ID: SDCOAST001-N466

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