Advert Ref: JT0420

Long-established, Auto Repair Shop For Sale

  • Novato, California - North
Asking price:
$95,000
Sales revenue:
$500k - $1m
Net profit:
Undisclosed

Photograph of this business for sale

OPPORTUNITY: This automotive repair shop has been successfully serving the Novato community for the past 34 years. Service is provided by ASE-certified technicians and includes general maintenance, alignments, tires, repairs, and motor/transmission replacement. The location provides easy freeway access and is well-positioned in a high-traffic, business park where a large percent of their customer base comes from. Conveniently located nearby is a deli, sandwich shop and barber shop which customers may visit while they wait for their vehicles to be serviced.

The 5,336 sq. ft. shop with six roll-up doors is well-equipped with six lifts which includes but is not limited to: two Ammco Overhead 9000 lbs. lifts, two Rotary lifts (9000 lbs./12000 lbs.), and one 12000 lbs. Hunter Alignment Rack. Additional equipment includes a Hunter R811 Alignment Machine with 2020 update, Snap-On Kool Kare AC Service Center, Snap-On 2-speed Tilt Back Tire Changer, Snap-On Wheel Balancer, Robinair R12 AC machine, Snap-on AC Machine for Hybrids, Snap-On Transmission Exchange Machine, Robinair CoolTech Coolant Exchanger, etc.



ADDITIONAL DETAILS:
• 3-year gross sales average is approximately $750k/yr.
• Rent is $7,440 month-to-month; includes CAM fees.
• A new long-term lease may be negotiated with landlord.
• After many successful years, current owner is looking to retire.
• Priced to sell.




PRICE INCLUDES: Goodwill, leasehold interest and all Fixture, Furnishings and Equipment

*Picture depicted is a stock photo from Pexels and does not depict the automotive repair shop for sale.

Property:
Leasehold
Lease terms:
Lease is month-to-month. Buyer may negotiate new, long-term lease with landlord.
Leasehold rent:
$7,440

Reasons for selling:
Retirement
Employees:
4: 3 technicians (includes owner), 1 Office Manager
Years established:
34 Years

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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