Auto Repair Shop in great location

This profitable 4 bay, auto repair shop is in a great location with a very high traffic count. Even with the fact that it is profitable, there is lots of upside potential for a new owner. Fresh paint and cleaning along with new marketing and advertising greatly increase profits. The shop includes diagnostic equipment for all makes and models. The shop is located on a 9300 sq. ft. fenced in lot. The building size is estimated to be 2500 sq. ft, but the size is not stipulated in the lease. There is also a 400 unit apartment complex nearly completion just across the street. Location: San Jose, California Year Established: 1990 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 2,500 Rent: $4,200.00 Per Month Lease Expiration: 8/31/2026 Facilities: The shop is located on a 9300 sq. ft. lot with a building approximately 2500 sq. ft. It is fenced in. There are 4 bays with two lifts, and one smog bay. Market Outlook/ Competition: The primary competition is dealerships. Many customers will always prefer to save money by going to a local independent shop to save on repair costs. Plus they have the convenience of being located close to where they live. Growth & Expansion: This is a very high density population area. There is a lot of potential of growth through marketing and advertising and giving the shop new paint and signage. The shop could use 3 full time mechanic. You could also have extended hours to bring in more business.