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Shop Listing

Shop # 334-920
General
Location:Reseda, California
Description:Retiring, and hoping to find a good guy to take advantage of 30 years of being in business Good shop, holding its own in this environment. Will make someone a great deal but due to the equipment that will be left to the new owner, I can't just let someone walk in. Can finance part of this deal but will have to have somethng up front.
Yearly Gross Sales:$ 800,000
Average Major Repair Order Amount:$ 2000.00
Years Est.:1978
Number of Employees:6
Weekly Salary Expense for Employees:$ 5500.
Yearly Total Parts Expense:$ will disclose
Market
Competition:Very competitive, a lot of low ballers but hasn't affected this shops clientele
Growth:With the right person this shop has always made money and will in the future. Had an employee that wanted it badly and had the money, but was killed in an auto accident. Statement, he definitely wouldn't have been trying to buy it if it wasn't a money maker
Property
Features:Customer Lobby, Bullpen, Security System, Cleaning Machine
Parking:16 - 20 spaces
Offices:1
Bays:1
Lifts:4
Building Benches:4
Number of Stock Units:$ 15
Total Dollar Figure on Parts in Stock, including Stock Units:20,000
Test Equipment:Snap On Verus complete PassThru Pro TranX 2000 Electronic test equipment probably worth 30,000
Shop Computer Systems:4 computers Networked with Management Feedback software
Notes:Reasonably clean for a transmission shop, Good parking, good access. Is a stand-alone building (not in a complex)
Sale
Reason:This has been a great shop with stable clientele Retiring I am 70 years old and find that I am unable to keep up with the needs of the shop
Asking Price:$ 200,000
Property Included in Sale:No
Financing Available:Yes
Deposit:$ Make an offer
Lease Term:Lease negotiable as I am the owner
Support & Training After the Sale:Yes
Contact
Company:Mike's Transmissions
Name:Charles M Kerrigan
E-mail:mikestrans@aol.com
Phone:818-515-8545
Address:18428 Gault St
Reseda, California 91335
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