Auto Repair and Inspection Shop
Riverside County, CA
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Owner's Cash Flow
Min Down Payment
The current owner purchased the business in the last decade after a long career in the automotive industry. The shop is currently STAR Test-and-Repair certified and has a license to perform California's rigorous emissions testing protocols for its commercial and retail customers. Included in the sale is the license and all equipment used to perform emissions testing, including a smog check machine and a dynamometer. The shop is also highly equipped. It has 7 lifts, 9 bays, and the latest diagnostic equipment. The shop has grossed an average of over $900,000 in annual revenue over the last four years, with solid cash flow to the owner. It has a strong customer base and a personalized approach to customer service with a team of 3 employees in addition to the owner. The business is pre-qualified for an SBA 7(a) loan.
Reason for selling
The current owner is retiring to spend time with family.
Support and training
The current owner is willing to stay on for between 3 and 6 months to help introduce the buyer to key clientele, the employees, and the main distributors.
Broker of Record
Jon Nesbitt, CA License #1002237
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|Net Other Income (Expenses)||($6,343)||($5,666)||($4,075)|
|Owner's Cash Flow||$70,410||$69,799||$56,386|
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