Overview
- Auto Shop
- 1440000
- Annual Revenue
- 250000
- Cash Flow (Net Income)
Address
- County Alameda
- State/county California
- Country United States
Description
AUTOBODY SHOP – ASKING PRICE $1,200,000
Thriving Autobody shop located in a prime area of Alameda County, with 8
employees grossing $1.5m and nets $250k per year. Business started by owner 18 years ago, operates on a 10,000 SF building with an open floor plan, plus an additional large outdoor fenced lot that stores up to 30 cars. Facility is ultra clean, outfitted with 1 paint booth, a 2 nd drive-through chamber curing oven, and a paint mixing work booth, plus a large customer waiting area and office. Permits for spray booth operations grandfathered in from start-up 18 years ago.
Seller claims — Monthly Gross: $120,000, SDE: $375,000, Rent $7905 month – 3 years left on lease, with 2 x 5year extension – expires 2037. Payroll: $42K/month excluding owner, Seller willing to train for up to 6 months to help transition Buyer.
Reason for Selling: Retirement
Details
Updated on July 22, 2024 at 11:18 pm- Price: $1,200,000
- Listing Type: Business for Sale
- Annual Revenue: 1440000
- Cash Flow (Net Income): 250000
- Base Rent: 7905
- Lease Expires: 3 years left on lease
- Lease Option: 2 x 5 year extension – expires 2037
Additional details
- Hours of Operation: 8 AM-6 PM, Sun Closed
- Ownership Type: Corporation
- Reason For Sale: Retirement
