Auto Repair, Body Shop, Smog Est 39 yrs Corner Loc

Price: $269,000

Location: Los Angeles

Industry: Auto Repair and Service Shops

Listing ID: 5740 JH

Listing Status: New

Description

Excellent opportunity to acquire a well-established automotive service business with 39 years of operating history and a strong reputation for quality workmanship, timely completion, and friendly customer service.

Prominently situated on a corner lot along a major thoroughfare, the business benefits from excellent visibility, convenient access, and ample customer parking. Services currently include auto repair, auto body work, and smog inspections.

The business operates from a freestanding building featuring five service bays, three in-ground lifts, a permitted paint booth, and an extensive equipment package. All necessary permits and licenses are currently in place, making this a true turnkey opportunity for an experienced operator in auto repair, auto body work, and smog inspection services.

With its long operating history, highly visible location, extensive equipment, and established reputation, this business offers an excellent foundation for a new owner to continue the existing operation and pursue additional growth opportunities.

Approximate Monthly Expenses:
* Rent: $6,500
* Payroll: $7,420
* Electricity: $400
* Water and Trash: $400
* Bookkeeping: $150

Call today for additional information and take advantage of this exceptional automotive business opportunity.
OFFICE ID 5740 JH

LISTING DETAILS

Down Payment: $269,000

Total Sales: $550,000

Cash Flow: $120,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $3,000

Inventory Included: Yes

Operation

Year Established: 1988

Year of last Acquisition: 29

Days & Hours of Operation: 8 AM to 5 PM Monday to Friday- 8 AM to 1 PM Saturday

Owner Hours Per Week: Full Time

Lender Pre-Qualified: No

Non-Owner Payroll: $88,800

Employees: 4

Absentee Owner: No

Security on Lease: Yes

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $6,500

Type of Location: Free Standing Commercial

Square Footage: 11,000 SF Lot

Franchise: No

Summary

Reason For Sale:

Retiring

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER