This is an excellent opportunity to acquire a well-established auto repair shop with a long-standing history and loyal customer base.
The business currently generates approximately $100,000 in gross sales and $30,000 in net income, with the owner working full-time.
The current owner has been in the auto repair business since 1978 and has operated at the current location since October 2018.
Many long-time customers from his previous locations continue to bring their vehicles here, and all customer relationships will be smoothly transitioned to the buyer.
The shop occupies approximately 8,500 square feet, and the monthly rent is only $10,000, which is considered very reasonable for a location in Los Angeles.
If you`re seeking SBA financing or seller financing, the asking price is $350,000.
For an all-cash buyer, the seller is willing to accept $300,000.
The business is being offered at a competitive price as the owner is looking to retire.
