By Sara Beth Williams–
A nationally recognized repair shop in Citrus Heights has been listed for sale at $550,000.
The AAMCO Transmission and Auto Repair Shop located at 6000 Auburn Blvd. has been listed for sale, according to commercial real estate site LoopNet.
The listing indicates the business is currently leased for another five years and that average revenue for AAMCO typically averages $1.1 million annually. The business in Citrus Heights is an established AAMCO Transmissions franchise location and generates $1.5 million in gross revenue, the listing shows.
The 9,500-square-foot auto repair shop sits on 1.9 acres of land, according to the Sacramento County Assessor’s office. The building was constructed in 1933.
The AAMCO in Citrus Heights first opened as Cava’s Aamco in January 2003, as confirmed by its profile on the Better Business Bureau website. The current sales listing indicates the business was established in 2005 and pays $7,500 in rent.
The national auto shop chain celebrated its official 50th anniversary in 2012 and 2013, according to the company’s website. The company honors several milestones, including the birth of the business concept for a chain of transmission repair franchises in 1962, along with the company’s incorporation and opening of the first franchised center in Newark, New Jersey, in 1963.
The listing agent was not provided. For more information about listing details, visit the sales page here.
