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Riverside

  • Listing No.: 106-15499

  • Category: Auto

Asking Price $399,000
Down Payment
Gross Revenue $855,000
Total Adjusted Net Income $232,400
Equipment / Fixtures $160,000
Year Established 2003
General Location Riverside
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17 year old auto repair business. Long history of profitability with loyal customer base. Specializing in high end makes. Great reputation with 5 star ratings. Gross revenue of $855,000 with $232,000 profit. Building is also available for purchase or buyer can lease from the seller. Clean financials. This business has been pre-approved for an SBA loan. If building/property is purchased with the business, SBA will provide a 25 year loan that includes the business.

Gross Revenue $855,000 Listed Price $399,000
Total Income $232,400 Down Payment
Base Rent $7,480 Square Feet 6800
Total Rent $7,480 Lease Expiration
Rent Deposit $7,480 Lease Options
Inventory $150,000 Leasehold Improvements $0
Equipment / Fixtures $160,000 Other Assets
Full-Time Employees 4 Training Period 2 Weeks
Part-Time Employees Special License Required BAR, City Lic, Hazmat
Contract Staff Reason for Selling Lifestyle Change

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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