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Business For Sale Listing 151221

Automotive Repair

Status as of Dec-4-2008 at 06:00 PM: Off The Market

Business Summary

This is a complete automotive repair shop specializing in repairing and fabricating Classic American cars & Street Rods. This shop also performs repairs on domestic & import cars. The Shop is in the Costa Mesa/Newport area and is family owned & operated since 1972. It has a very good and steady clientele base and is very well known among the Classic car collector community.

All names and addresses of customers are kept on file. The shop is equipped with a 500 horsepower dynamometer for measuring the output of any vehicle. They can simulate road conditions, quarter-mile test and 0-60 acceleration test. The dynamometer can also be used to simulate highway conditions for in house troubleshooting.

They specialize in repairing fuel injection, carburetors, and computer fuel management systems. There are 9 hoists in the shop. In the rear of the shop is a fenced outdoor area that can contain about 12 cars safely.

The building is serviced by a 25 horsepower Kellogg-American air compressor that was recently overhauled. The compressor is a part of the business sale which means you own it outright along with the business. This metaphor applies to the multiple line telephone system and the redundant spares that can be used to repair the telephone system should it ever break down. The telephone system and spares are part of the business sale and included in the purchase price.

They also have a great and professional website which explains all types of services they provide. They post the pictures of all the classic cars which they repair and fabricate. They also send quarterly news letter to all their customers as well.

According to the owner, the shop currently operates 4.5 days a week, 8-5:30 Monday through Thursday and 8-12 on Friday. New owner could expand the hours to 5.5 days a week or more if so desired.


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Industry

Sector: Personal Services
Industry: Auto Repair Shops

Location

Classification: United States // Pacific States // California
Location: Southern California

Financials

Sales: Between $100 Thousand And $500 Thousand   (500,000)
Profits: Between $100 Thousand and $500 Thousand   (200,000)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Fiscal Year: 2007
Asking Price: Between $500 Thousand and $1 Million   (575,000)
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