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Turn Key Auto Repair/Smog Shop
A new owner is needed for a turnkey auto repair/smog check shop. It has great cash flow and includes all inventory and FF&F. It's well-equipped and maintained with devoted clients in place. The revenue is $998,000/year. The cash flow is $197,304/year. The business has clean financials and has been pre-approved for an SBA loan with 30 % down. The business enjoys great repeat customer business due to its high quality and friendly service.
Building Size: 3,869 sq ft.
Lot Size: 9,955 sq ft.
Listed By: Omar Kettani
Building Size: 3,869 sq ft.
Lot Size: 9,955 sq ft.
Ad#:2176696
Listed By: Omar Kettani
Background information
Year established:
1991
Reason selling:
Retiring after 30 years
Finance
Sales:
$998,000
EBITDA:
$197,304
Operations
Employees:
4
Equipment:
N/A
Inventory:
Included in asking price
Premises
Location:
Canoga Park, CA
Price and terms
Price:
$330,000
Financing:
SBA is approved. Down Payment 10 to 20 % of the purchase price
Training:
The owner is willing to provide 3 to 4 weeks of training, 20 hours per week.