Automotive Related

If you are Buying or Selling a business in the Automotive Service Industry, we at BottomLine Business Brokers can offer knowledgeable and thorough assistance due to the fact that we have a division of our brokerage the specializes in this industry.

We are equipped to guide you through the process of buying or selling that will allow you to have complete confidence that the transfer of ownership is being conducted efficiently and that your interests are being protected throughout the process.

Specific and critical to the sale or purchase of this type of business is interacting with the Bureau of Automotive Repair in Sacramento in obtaining or cancelling the required license.

In addition to the Bureau of Automotive Repair, key issues that must be addressed by a Buyer or Seller are:

  • Obtaining or cancelling the following:
    State Board of Equalization Resale Permit
    Fictitious Business Name
    Business License
    Environmental Protection Agency [EPA]

  • Transfer of lease on premises either through an Assignment of the existing Lease or obtaining a new lease in the Buyer’s name.

  • Buyer and Seller addressing the issue of maintaining qualified technicians to ensure a smooth transition in the transfer of the business.

In addition to the Bureau of Automotive Repair, key issues that must be addressed by a Buyer or Seller are:

   +     Obtaining or cancelling the following:

          State Board of Equalization Resale Permit

          Fictitious Business Name

          Business License

          Environmental Protection Agency [EPA]

   +     Transfer of lease on premises either through an Assignment of the existing

          Lease or obtaining a new lease in the Buyer’s name.

   +     Buyer and Seller addressing the issue of maintaining qualified technicians

          to ensure a smooth transition in the transfer of the business.

DO YOU OWN AN AUTOMOTIVE RELATED BUSINESS?

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BOTTOMLINE BUSINESS BROKERS ADVISES ALL CLIENTS TO SEEK INDEPENDENT LEGAL, TAX, ACCOUNTING, AND OTHER PROFESSIONAL ADVICE PRIOR TO MAKING A PURCHASE OR SALE DECISION.

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