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Asking Price:

$850,000

Location:

Alameda County

Listing #:

4260

Status:

SOLD

Business Financial Information

2021 Gross Sales:  $1.35M

2022 Gross Sales$1.107M

Monthly Gross Income:  $80,000 - $100,000

Monthly Payroll:  N/A

AnneShay_PP_BBP.JPG

Anne Shay

Email:  anne@lbaweb.com

CA DRE:  #02111828

Auto Repair and Tire Service

Description

Auto repair and tire service shop located on a prime corner lot in Alameda County, established by the current owner for 13 years. The building is 4,572 sq. ft. with 8 bays, 7 lifts, and 1 bay equipped with an alignment machine. There are 15+ parking spots outside. Base rent is $8,130 NNN with a 5-year lease expiring in 2026.

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The seller reports gross revenue between $80K and $100K per month, with 2021 gross sales of $1.35M and 2022 gross sales of $1.107M. The business employs 3 staff members: 2 technicians and 1 full-time front desk worker earning $20-$30 per hour. The shop has established fleet account relationships with FedEx, Global Life Sciences, and is registered with Goodyear, AAA, TireBuyer, and Wheels Inc. for tire services and repairs. Inventory is kept low, with suppliers located within 2 miles of the shop. The owner is selling to attend to family matters.

General Information

Business Type:  Automotive

Legal Owner:  Corporation 

# of Employees:  3

License(s) Required:  Business

Hours of Operation:  N/A

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