Culver City
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Listing Number: 130-21331
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Category: Auto
| Asking Price | $195,000 |
| Down Payment | |
| Gross Revenue | $748,000 |
| Total Adjusted Net Income | $121,441 |
| Equipment / Fixtures | $100,000 |
| Year Established | 1982 |
| General Location | Culver City |
Adrianna Smith
- Office: (424) 832-3410
- Cell: (424) 272-1773
- thebusinessbrokerslosangeles.com/
- License #: CA DRE 01957172
- Office: (424) 832-3410
- Cell: (424) 272-1773
- thebusinessbrokerslosangeles.com/
- License #: CA DRE 01957172
This is a great opportunity to own a profitable, turnkey, automotive repair shop. The business, located in the heart of a busy West Los Angeles City, specializes in both foreign & domestics cars. For the past 4 decades the business has been providing auto repairs, oil & filter changes, accident assessment and tire services to the surrounding communities. All technicians are ASE certified and dedicated to providing high quality repairs & customer service. The shop receives much of its new business from SEO optimization, online marketing, and word of mouth. All repairs come with a 1-year or 12,000-mile warranty, and the business provides customers with loaner cars and has a referral program in place. The business has additional revenue streams from subletting portions of the business location to other businesses. This is a perfect opportunity for a knowledgeable and business savvy mechanic to acquire a busy auto shop and take it to the next level! Inquire Now! Email inquiries to: ddube@fcbb.com
| Gross Revenue | $748,000 | Listed Price | $195,000 |
| Total Income | $121,441 | Down Payment |
| Base Rent | $8,318 | Square Feet | 6200 |
| Total Rent | $8,318 | Lease Expiration | 08/2022 |
| Rent Deposit | $7,000 | Lease Options |
| Inventory | $1,500 | Leasehold Improvements | $0 |
| Equipment / Fixtures | $100,000 | Other Assets | Supplies |
| Full-Time Employees | Training Period | Two (2) weeks | |
| Part-Time Employees | Special License Required | ||
| Contract Staff | 3 | Reason for Selling | Retirement |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.