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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 Franchise |
| Listing ID: IBB147 |
Location: San Mateo County |
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Brief:
Top Performing Auto Repair Franchise in High-Traffic Location |
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| Listed Price: |
$550,000 |
| Total Sales: |
$1,051,438.00 |
| Seller's Discretionary Earnings: |
$199,860.00 |
| Fixtures Furniture, & Equipment: |
$120,000.00 (Included in Listing Price)
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| Real Estate: |
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| Inventory: |
$10,000.00 |
| Financing / Terms: |
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Business Information |
| Year Established: |
10 |
| Number of Employees: |
4 Full Time / 0 Part Time |
| Days and Hours of Operation: |
Mon-Sat: 8:00am-6:00pm |
| Relocatable: |
No |
| Franchise Information: |
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| Facilities / Location: |
The top-performing, 5000 sq ft facility has seven bays, six with lifts, a brake lift as well as a reception/customer area.
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Lease Information |
| Lease Expiration Date: |
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| Option: |
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| Monthly Rent: |
$6,600.00 |
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| Additional Information |
| Reason for Selling: |
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| Business Description: |
This is a rare opportunity to acquire a top-performing, established Automotive Repair franchise in an outstanding Peninsula location. The store has been in operation for more than ten years and has a loyal customer base and recognized presence in the area. Despite a difficult economy financial performance has been excellent and car counts continue to increase. Very few, if any new franchise territories are being offered in the Bay Area. The franchisor does not require direct automotive experience.
The store offers a full range of automotive repair services including engine diagnostics, tune-ups, cooling system, air conditioning service and smog check. In addition this shop has recently begun offering tire services. Specialized mounting and balancing equipment is available on site. Customers who own domestic as well European and Japanese vehicles rely on this company to provide high-quality service at prices well below their automobile dealer’s service departments.
The trained staff includes two full-time mechanics, a certified smog technician, and one full-time Manager/Service Writer. The facility has seven bays, six with lifts and one additional brake lift as well as a reception/customer area.
The owner is motivated and willing to facilitate a smooth transition to the right buyer. In addition, ongoing training is provided by the franchisor.
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| Potential for Growth: |
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