Description

Auto Dealership & Auto repair shop with real Estate located on the corner of busy intersection and close to 91 FWY in Fullerton. The repair shop is an authorized repair shop for all the municipally owned cars & small trucks. There are 2 sources of revenues for this business; Auto Repair shop with expert mechanics on duty without the owner participation, & Auto Dealership. The owner says this is a well known dealership in the area and during the last 16 years he has many repeat & referred customers. The owner's main reason to sell this business & property is to raise more capital to increase the automobile inventory level. The owner is willing to lease back the property & business on the long term basis from the new buyer for $3,500 a month, which its equal to the current rent amount he devotes as a monthly rent at this time. Annual Revenue: $1,200,000 FF&E: $60,000 (Included in the price) Inventory: $2,000 is included / $200,000 is NOT included Seller's Discretionary Cash Flow: $150,000 Asking Price: $795,000 Disclaimer: The information above was furnished by the seller. Broker or its agents have not verified the information and makes no representations as to its accuracy or reliability.