Jim Span, Business Broker
The Chase Group
1902 Wright Place, #200
Carlsbad, CA, 92008
Top Rated Auto Registration Service for Sale
Asking Price: $ 499,999
Location: San Diego County
Down Payment: $ 499,999
Total Sales: $ 2,121,799
Discretionary Earnings: $ 189,000
Great opportunity to own a prominent, DMV registration service business. Established for many years and it is time for the owner to retire, and pass on her legacy and knowledge, to the next positive entrepreneur. All the hard work has been done for you to begin operating a turnkey operation. Sales are consistent and marketing is being introduced this year for more constant sales. Recent books are clean. Located on major high traffic street in the east county of San Diego. It has great reviews with generations of repeated business and good will. Offering auto registration services from a basic registration renewal to handling large fleet accounts. Tags and plates are also provided in-house! Lease is below market value and Landlord will continue a competitive lease agreement. Owner will train for 30 days for a smooth transaction. Seller will carry up to 20% for a strong buyer. Business is expandable and can complement many other industries like insurance, auto dealers, and more…. Great business for a family, or semi-absentee owner, or VISA.
There is no limit to growth and expansion of this business. Contact Alex for more information (619) 948-8320.
Business is scalable with room to add more products to complement the business and expand using its current business model. Comes turn-key with all the equipment, employees, and Good Will in place. Business has a lot of repeat/loyal customers and is promoted through word of mouth. Minimal marketing is done due to well-established clientele base.
The current lease is priced below market and expires 2020. Buyer must meet state requirements for operational permits. Seller will train for a month. Make money day one.
Location:San Diego, CA
Inventory:Included in asking price
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:Leased facility under a 5-year term that expires 5/2020 but has one additional option to renew for a new 5-year term.
Competition:The market is competitive, however the gap between knowledge, experience, reputation, and service is far from linking the pioneering business. The industry has embraced technology through DMV self kiosks and a user-friendly website to facilitate and reduce the overflow in DMV lines. Also the Do It Yourself websites and Youtube channels have been springing up. But the demand for service, the demand for simplifying complicated transactions, and millennials still demanding instant results will keep this sector stable for years to come. The growing demand is evident by the up swing and strong sales history.
Growth & Expansion:The business can grow through additional B2B services and products that indirectly attribute to the industry. Current business model can be replicated to scale the business substantially.
Support & Training:32 hours per week for one month
Reason for Selling:Retirement