Tupelo Data Room
Auto Repair & Service Shops, Other Automotive & Boat
Active

Auto Repair Shop SBA Approved

Fresno County, California, United States
listing image
Asking Price$350k
Revenue$497k
EBITDA-
Cash Flow-
Description
This business has been approved for SBA loan. The prospect buyer needs to have Auto repair background or have been an owner of a Mechanic shop to be approved. High Profit, Low Rent, Excellent Location with 25 years of customer retention Auto repair shop. Approx -/+ 3000 sq ft Auto Repair shop with $1500.00 rent was established 25 years ago. The location is a very nice newly developed area with lots of homes across the street. The garage is well Maintained with plenty of parking front and back. A roll up door, with four lifts. On hand inventory is approximately$6000.00 The location also has a loft area, right now used for storage. Nicely kept clean reception area. Per Tax returns for the seller, the Gross income 2023is $497,000 and Net income is $227,000. 2022 Gross income for 536,000 –Net income 264,000.00. 2021 Gross income554,000.00--- Net income 207,000.00 The lease has 4.5 years left on the lease. High marks on reviews. Owner is looking to retire and spend more time with the family.
Number of EmployeesFull-Time: 1
Year Established
2000
Reason Selling
retiring
Facilities & Assets
This is in a great area in Stockton, with loyal customer base. The New housing developement love it because they can drop off the car and walk back home. Very clean nicely kept waiting area. One Bay able to fit at least four cars inside on the lift.
Financing Options
Business is SBA approved. Prospect buyer needs to have background in Auto Mechanic re
Asking Price$350k