Auto Repair Shop in Exclusive Santa Barbara Neighborhood
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Financial Details
- Asking Price:
- $399,000
- Annual Revenue:
- $1,440,000
- Cash Flow / SDE:
- $120,000
- Valuation Multiple:
- 3.3x
- Location:
- Santa Barbara, CA, US
- Source:
- Date:
- June 04, 2025
Key Highlights
- Established auto repair shop in Santa Barbara County since 1965.
- Absentee-run business specializing in both foreign and domestic cars with a 4.6-star Yelp rating.
- Operates with 5 hoists, has a 5-year lease available, and nets $120,000 per year after manager's salary.
Description
Established in 1965, this auto repair shop is located in an exclusive area of Santa Barbara County. The absentee-run business works on both foreign and domestic cars and has a 4.6-star rating on Yelp. The business operates with 5 hoists and has a 5-year lease available at $5,610 NNN per month. The manager's salary is $118,000 per year, and the shop nets $120,000 per year after the manager's salary.
Industry Information
- Industry Description:
- Auto & Automotive
- Classification:
- Automotive & Boat
Listing Details
- Listing ID:
- 2428e60f-e7c7-463d-b33e-3ff5d4199654
- Deal Status:
- For Sale
- Date Posted:
- June 04, 2025
- Last Updated:
- June 04, 2025
- Currency:
- USD
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