The owner of this general automotive and tire repair service shop generates close to $300,000/year in annual cash flow (SDE) for a full-time owner-operator. This high-rated independent (non-franchise) business continues to earn 5-star customer ratings from new and repeat customers. Customer satisfaction is a top priority for the team. This business has a full-time general manager (10+ year tenure) and 7 employees. The owner and GM do not turn wrenches. Growth could be realized by adding qualified front office and shop employees or expanding the operating hours.
Monthly lease cost is $11,401 for this 3,600 square foot facility that has 6 indoor lifts. The lot has good parking (23 spaces), storage areas and covered pad bays that have additional lifts and general service repair capability. The landlord has been amenable to extending lease terms (current option expires in 2024).
The retiring part-time seller plans to be available for training and any agreed-to part time consulting.
SBA Offering price is $750,000 (plus inventory).
Business Listing Data Sheet
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|General Location||San Jose, CA|
|Revenue Details||2018 Projected|
|Adjusted Net/SDE (Seller's Discretionary Earnings)||$300,000.00|
|Adjusted Net/SDE Details||2018 projected|
|Industry||Bed and Breakfast Inn|
|Hours of Operation||8AM to 5PM, Mon-Fri|
|Business Owned Since||2003|
|Reason for Selling||Retirement|