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Listing Broker Information
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Steve Zimmerman
Business Broker
Steve Zimmerman brings to his clients 30 years of wide ranging business experience that includes small business sales as well as mergers and acquisitions, finance, business development, sales and account management. His skills in project management, negotiations, presentations, and financial modeling help his clients evaluate business opportunities and buy or sell their business with confidence.
Prior to launching Intero Business Brokers, a division of Intero Real Estate Services, Steve had a successful corporate career that included activities in Mergers and Acquisitions of technology and service companies. He brings valuable experience in acquisition decision processes, due diligence, deal negotiations, and transaction execution and closing processes to his clients.
After completing undergraduate and graduate degrees in business Steve began a financial career in the high-tech business sector working for companies like Hewlett-Packard and Solectron Corporation. Specific areas of focus included: development and implementation of standardized cost and quotation models, generation of business plans, analysis of pricing, manufacturing cost, and portfolio profitability issues and all aspects of financial reporting.
Steve holds a BS in Finance from Colorado State University and an MBA from San Jose University. He is a member of the California Association of Business Brokers (CABB) and lives in Los Altos, California with his wife and their two children.
email:
zimmerman@interocommercial.com
phone: 408-342-3093 / DRE License #01376999
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 Contact Information |
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Listing Information |
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| Auto Repair with Smog |
| Listing ID: IBB085 |
Location: San Jose |
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Brief:
This is an excellent opportunity to acquire an established, automotive repair shop in a high-traffic South San Jose location. |
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| Listed Price: |
$139,000 |
| Total Sales: |
$209,310.00 |
| Seller's Discretionary Earnings: |
$64,692.00 |
| Fixtures Furniture, & Equipment: |
$64,792.00 (Included in Listing Price)
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| Real Estate: |
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| Inventory: |
$2,000.00 (Included in Listing Price) |
| Financing / Terms: |
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Business Information |
| Year Established: |
1982 |
| Number of Employees: |
1 Full Time / 0 Part Time |
| Days and Hours of Operation: |
Mon.-Fri. 8:00am-6:00pm |
| Relocatable: |
No |
| Franchise Information: |
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| Facilities / Location: |
Two bays with above ground lifts, office and reception area. In ground smog equipment. |
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Lease Information |
| Lease Expiration Date: |
7/1/2011 |
| Option: |
1-5 year |
| Monthly Rent: |
$2,955.00 |
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| Additional Information |
| Reason for Selling: |
Other Interests |
| Business Description: |
This is an excellent opportunity to acquire an established, automotive repair shop in a high-traffic South San Jose location. This business opened twenty four years ago with the goal of providing high-quality services with a personal touch
The shop offers a full range of automotive repair services including engine diagnostics, scheduled maintenance and tune-ups, cooling system and air conditioning service, suspension, brake service and timing belts. In addition, smog check services are provided using an in-ground dynamometer. Customers with all types of vehicles rely on this shop to provide high-quality service at prices below their automobile dealer’s service departments . There is dedicated large customer base of approximately 3500 names compiled over the last five years.
The store is mature and sales have averaged $270K per year over the last three years. Despite a difficult economy, earnings over the same period have been solid as well.
Located in an auto complex, the facility is approximately 1800 square feet with two bays equipped with above ground lifts, office, and reception/customer waiting area. The owner oversees the business and acts as the service-writer in support of one master technician. This is an excellent opportunity for a family run operation.
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| Potential for Growth: |
This is an excellent opportunity for a mechanic who wants to get started in their own shop. |
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