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San Fernando Valley

  • Listing Number: 130-22212

    Category: Auto

Asking Price $350,000
Gross Revenue $924,521
Total Adjusted Net Income $201,877
Equipment / Fixtures $48,590
Year Established 1984
General Location San Fernando Valley
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This Auto Repair & Service business was founded in 1984.

Originally a Porsche specialty shop, over time (in the late 90’s) they branched out to all German makes and models. The business was later rebranded to set themselves apart as a German automotive specialist in the market – helping to drive revenue and create lasting relationships with their clients.

While they do specialize in German automotive with all the specialized and state of the art tooling - they also service other imports for oil changes, brakes, etc.
This is an essential service that continues to do well, even in tough times (i.e. the pandemic) and the future is bright – particularly in an area where driving is a necessity (whether privately owned or rideshare drivers). Contact us today!

Gross Revenue
$924,521
Listed Price
$350,000
Total Income
$201,877
Base Rent
$7,200
Square Feet
4472
Total Rent
$7,414
Lease Expiration
08/2024
Inventory
$5,000
Leasehold Improvements
6500
Equipment / Fixtures
$48,590
Full-Time Employees
4
Training Period
6 weeks 20 hours
Part-Time Employees
1
Special License Required
Bar License
Reason for Selling
Moving out of State.

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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