Top Rated Auto Repair Shop and Smog CenterListing: #SV00121
About this Business for sale in Los Angeles CountyTop Rated Auto Repair Shop and Smog Center
Rare find in Los Angeles County – 20-year, Essential Business - established independent full-service auto repair shop. This auto repair business is showing an SDE of $234,018 and $548K in sales from 2019. This shop has 10 bays with 5 lifts and a large front customer lounge with an office attached and a 2nd meeting room, a large rear stock room with 2 levels and an employee break room. Primary services include Smog, Oil changes, tune ups, diagnostics, electrical and air conditioning, brakes, tires, transmission, Preventative and Schedule maintenance and more. It is also an official Brake and Lamp Inspection station.
Business is located on a major thoroughfare of multiple cities and between 2 freeways. Customer database of 5400 customers, not including smog check customers.
Owners currently do no advertising but are highly rated and recommended on the local Neighborhood app., Facebook, Google, Carfax, and Yelp. Their business has consistent 4.5 star out of 5 rating - all organic marketing, no money spent on advertising. New owner can expand with additional technicians and service writers. Facility has ample capacity to add a minimum of one or more service writers and two technicians, yielding a double car count.
The owner is active but is not one of the primary technicians or service writers at this shop, therefore the Seller believe that a new owner can purchase and take over with minimal interruption to the business and benefit from the great income established by their long years of hard work and success.
Owner would like to retire and is offering Seller Financing of $150K.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.