Transmission and Engine Service Shop and On-Line Wholesale Business

Business Sale of a Family Owned Engine and Transmission Remanufacturing and On-Line Wholesale Business for Late model Japanese and Korean Vehicles Since 1988. Owner retiring after 35 years. The Asking Price of $550,000 Does NOT Include Inventory and the Asking Price Does NOT Include the Real Estate.

The seller has been in business for 35 years with high customer loyalty. The business in known for hard to find parts and that's what sets them apart. Great online presence, with roughly 80% of the sales are conducted on-line. The website is fully automated for on-line commerce. Sales are generated from the website, working directly with the public, automotive shops, and auto sales brokers.

The business specializes in car transmissions and engine sales, cylinder heads and crankshaft kits, installations and other automotive services - Business generated over $1.2 million in gross revenue in 2022. Cash Flow 3-year average $179,000. Great yelp reviews. Business Hours Monday to Friday 8:00 am to 4:00 pm.

Work performed: Complete engine disassembly, (pistons, rings, bearings, timing chains, plugs and other parts are discarded), thermal and or chemical cleaning (engine block, cylinder heads, cranks, cams), engine block crack inspection (Visual and/or Magnaflux), crankshaft reconditioning (Grinding and Micro Polishing), boring and honing of cylinders, connecting rods are inspected and replaced with new or rebuilt ones as required, block resurfacing as required, assembly to precision OEM Specs, in-house re-manufacturing of cylinder heads, (all cylinder heads are pressure tested for cracks and machined resurfaced), new or re-manufactured rocker arm assembly. Parts replaced in all rebuilt engines include: new main and connecting rod bearings, new pistons and wrist pins, new piston rings, new cam bearings, new timing components, new freeze plugs, new or rebuilt oil pump gasketsseals -full set.

The company employs 8 technicians including machinists and helpers. The seller is known to carry “Hard to Find” engines. The seller focuses on having in stock what competitors don’t, and that's what sets them apart.

***NOTE: The Real Estate is also available for sale. Asking Price for the Real Estate is $3,100,000. Please contact the listing broker Mauricio Sanchez at (562) 805-7549 or email Mauricio at msanchezcre@gmail.com for more information. The potential buyer could buy the business and the real estate for $3,650,000 Plus Inventory.

Serious inquiries only. Must sign N.D.A./Confidentiality Agreement prior to broker disclosing details. All inquiries must be ready to document experience and ability to close a transaction.

DISCLAIMER: The business listing for sale above may contain information provided by third parties. Shamoun Business Brokers have not verified third party information and make no warranty, express or implied, as to the accuracy thereof. Buyers and sellers of businesses are strongly advised to seek financial and legal advice prior to entering into a contract to buy or sell a business. Broker makes no representation to the buyer of any kind. All information and representations are provided by the seller, the completeness and accuracy of which will not be verified by the broker. Buyer must rely solely on his/her own investigation and inspection of the business and the seller's representations.

Total Sales: $1,200,000

Cash Flow: $179,000

FFE: $20,000

Inventory: $300,000

Year Established: 1988

Year of last Acquisition: 35 years ago

Days & Hours of Operation: Monday to Friday 8:00 am to 4:00 pm

Employees: 8

Absentee Owner: No

Square Footage: 8,800 Square Feet

Relocatable: Yes

Facilities Information:

8,800 square foot facility with mezzanine space. Private office, two bathrooms, staff breakroom, large service shop area. Good on-site parking, two roll up bay doors. The business stores parts at an off-site warehouse location which is not included as part of the business sale. The main building is for sale Listed at $3,100,000.

Reason For Sale:

Retiring after 35 years.

Training & Support:

Seller is happy to train new owner for for a negotiated period.

Owner Qualifications:

Owner has been in he business 35 years.

Competition:

Demand remains strong for rebuilt engines and transmissions. Car owners are keeping their cars longer. The business in known for hard to find parts and that's what sets parts.

Potential Growth:

Growth potential is there for a motived buyer to continue building on the on-line presence this company has built over the years.