



Asking Price:
$980,000
SBA LENDER PREQUALIFIED AT $1M - 15% DOWN
Location:
Alameda County
Listing #:
4430
Status:
SOLD
Business Financial Information
Annual Gross Income: $1,440,000
Monthly Gross Income: $120,000
SDE: $375,000
Monthly Payroll: $42,000
Auto Body Repair and Paint Shop
Description
A highly successful Auto Body Shop in a prime Alameda County location, this well-established 18-year business generates $1.5m in gross revenue and nets $250K annually. The shop employs 8 skilled professionals and operates in a spacious 10,000-square-foot facility with a large outdoor lot accommodating up to 30 vehicles. The pristine work environment includes a paint booth, a paint mixing booth, a drive-through curing oven, and a large waiting area with office space. Grandfathered spray booth permits add significant value to this turnkey operation, making it an excellent opportunity for a buyer stepping into a thriving business!
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The seller reports monthly gross revenue of $120K and an SDE of $375K. Rent is $7,905/mo, with 3 years left on the lease and 2x 5-year extension options through 2037. Payroll, excluding the owner, is $42K/mo. The seller, retiring, is willing to train the buyer for up to 6 months to ensure a smooth transition.
General Information
Business Type: Auto Body Shop
Legal Owner: Corporation
Established: 2006
# of Employees: 8
Hours of Operation: Mon/Fri 8AM-6PM, Sat 10AM-1PM,
Sun Closed
Reason For Sale: Owner Retirement
Lease Information
Base Rent: $7,905/mo
Expires: 2027
Extensions: 2x 5 year extensions