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Culver City

  • Listing Number: 130-21331

  • 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
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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.

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