Price: $449,000
Location: Los Angeles County
Industry: Auto Repair and Service Shops
Listing ID: 5699 JH
Listing Status: New
Cash Offer Only | ±3,500 SF
Offered for the first time in over 33 years, this well-established auto repair business has built a strong reputation and a loyal, repeat customer base. The owner is retiring, creating an excellent opportunity for a new operator to step into a proven, income-generating operation.
The business generates approximately $100,000 in average monthly gross revenue with an estimated $30,000 in net income, plus an additional $3,000/month from a detailing subtenant.
The shop is fully equipped with four lifts and a complete set of operational equipment, allowing for a seamless transition. The seller is open to remaining on a part-time basis, subject to mutually agreed terms.
Lease Terms:
* Rent: $5,428/month
* Term: 5 years remaining, plus a 5-year option
* Tenant is responsible for property taxes
This is a turnkey opportunity ideally suited for an owner-operator seeking immediate cash flow with long-standing goodwill and established clientele.
Office ID 5699 JH
Down Payment: $449,000
Total Sales: $1,200,000
Cash Flow: $360,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: $10,000
Inventory Included: No
Year Established: 1990
Year of last Acquisition: 33
Days & Hours of Operation: 6 Days 9am to 5pm - Closed on Sundays
Owner Hours Per Week: Full Time
Non-Owner Payroll: $192,000
Employees: 3
Absentee Owner: No
Security on Lease: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $5,428
Type of Location: Freed Standing On Major Street
Square Footage: 3500


