Listing ID: 77540
Business Overview
This industrial free-standing AAA-approved auto and truck repair shop is located in west Riverside County. With 4200 square feet, secure and gated back lot, this shop is a Napa AutoCare and Truck Center with ASE certified technicians specializing in engine and diagnostic repairs, routine maintenance and transmission services. Shop includes a full security system with 16 camera’s, 2 bay doors, 1 outside lift, 5 inside lifts, in which, one is a Snap-On John Bean Alignment Machine. Owner is relocating out of state. Call agent for additional details.
Free-standing Industrial building.
Financial
- Asking Price: $129,999
- Cash Flow: $41,683
- Gross Revenue: $421,962
- EBITDA: N/A
- FF&E: $75,000
- Inventory: $5,000
- Inventory Included: Yes
- Established: 2009
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:4,200
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
4 weeks
relocation
Additional Info
The business was established in 2009, making the business 13 years old.
The transaction shall include inventory valued at $5,000, which is included in the listing price.
The company has 4 employees and is located in a building with disclosed square footage of 4,200 sq ft.
The property is leased by the business for $4,288 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals decide to sell businesses. Nonetheless, the true reason vs the one they tell you may be 2 totally different things. For instance, they may say "I have a lot of other obligations" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may just be justifications to attempt to conceal the reality of changing demographics, increased competitors, recent reduction in profits, or an array of various other factors. This is why it is extremely important that you not rely totally on a vendor's word, however rather, use the seller's answer along with your total due diligence. This will paint an extra sensible picture of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses borrow money in order to cover things like supplies, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can imply that earnings margins are too small. Many businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that must be satisfied or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in brand-new consumers? Many times, companies have repeat customers, which create the core of their day-to-day profits. Certain aspects such as new competition growing up around the location, roadway building and construction, and staff turnover can affect repeat clients and negatively influence future revenues. One important thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Clearly, the more people that see the business regularly, the higher the possibility to construct a returning consumer base. A final thought is the general location demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Exactly how might the neighborhood average family earnings influence future income potential?
