Price: $85,000
Location: Los Angeles County
Industry: Auto Repair and Service Shops
Listing ID: 01985225WL
Listing Status: Reduced Price
Listing ID - 01985225WL
This auto repair shop with a smog test & tire retail center is in a prime area close to a major freeway, surrounded by other auto-related businesses and homes. Excellent visibility from a major Blvd.
The premise is 6000 sq.ft., with a spacious reception/waiting area, 5 hoists, smog check equipment, and much more equipment & fixtures.
A total turn-key opportunity for an experienced automotive mechanic to operate his own business.
Also the low rent has a sublet income $1,100/mon. plus 26 parking lots available.
Lease in place till the year 2026 with an option to renew for another 5 years with the landlord's approval.
It's an As-Is sale.
The current owner has operated since the beginning of 2021.
The current owner is not a mechanic, and there's a full-time mechanic with a salary.
Contact the Listing Agent - Warren Lee, To Arrange An Appointment For a Tour of the Business.
Down Payment: $85,000
Total Sales: N/A
Cash Flow: N/A
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: N/A
Year Established: 2007
Days & Hours of Operation: 6 Days (Mon - Fri: 8am to 5pm) / (Sat: 8am to 3pm) / (Sun: Closed)
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Employees: 1
Absentee Owner: No
Lease Option: Incl. NNN, 5 Years Option
Real Estate: N/A
Monthly Rent: $5,340
Type of Location: Self Standing
Square Footage: 6000
Reason For Sale: Moving Out of State