Transmission & Repair Shop on Busy Boulevard

Chatsworth, California

Business Summary: Loyal customers have been coming to this highly-visible transmission and repair shop for 20 years. Located on one of the West San Fernando Valley's busiest boulevards, the shop is constantly packed with repeat customers and new arrivals. The business specializes in transmission service while completing all types of repairs on domestic and foreign vehicles.
Facilities / Terms of Lease: It's a well-maintained 3-bay shop with two 2-post lifts, one ramp. All transmission rebuilds are performed onsite. The shop features an upstairs office mezzanine. The owners pay $3,700 a month rent on a lease that is expiring shortly, so there is an opportunity for a new owner to put a longterm lease in place.
Potential Growth/Expansion: It's an efficiently-run, family-owned shop that's been grossing between $300K-$400K annually. The owners have other businesses that consume too much time so they're motivated to hand off this shop to a great new buyer. They indicate there is plenty of room to grow this business well above current income levels. It currently operates with two full-time employees and two part-time workers, one of them the owner. They've built a solid base with customers coming from all over the Valley, plus Santa Clarita, Simi Valley and many parts of Ventura County. In recent years, like many shops, they've been doing more general automotive repairs and less transmission work.
Competition: Contact Brian Loring, First Choice Business Brokers, at 818-973-2755 for more information.
Owner willing to finance: Seller Financing Available
Owner willing to train: Owner Will Train
Reason for selling: Other Business Demands