This 5-star shop generates over $284,000 in annual seller discretionary earnings (SDE). This established business utilizes about 60% of the base shop floor space for lifts and active mechanic bay stations.
There are 5 large bay doors and 4 ALI certified lifts (2 new lifts) that support 10-hour weekday operations. Buyer should have general tire and auto repair experience.
Growth-oriented buyers for this centralized location can add mechanics, lifts, additional advertising and extended hours. Housing expansion is underway in surrounding areas.
The Landlord’s longstanding, 25-year policy offers a 5-year term lease agreement to qualified buyers. The Seller has executed a new 5-year lease in year 4 of 5 for nearly 20 years. The Seller works full-time at the front desk and provides back office support. Seller will consider partial Seller financing. Due to family relocation, the Seller will move out of area in 2020.
Business Listing Data Sheet
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|General Location||SF Bay Area, Californina|
|Revenue Details||Trailing 12 Months|
|Adjusted Net/SDE (Seller's Discretionary Earnings)||$284,187.00|
|Adjusted Net/SDE Details||Trailing 12 Months|
|Industry||General Automotive Repair|
|Hours of Operation||8AM to 6PM, Weekdays|
|Business Owned Since||1999|
|Reason for Selling||Relocation - Seller is moving out of state, closer to family|