Auto body and paint shop.

Asking Price: $60,000

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Auto body and paint shop.


Asking Price: $60,000

Asset Sale Description
This well-established body shop business is in a free-standing building on a major boulevard with easy freeway access. The bldg. size is 2,925 Sf, lot size is 5,050SF, and rent is $5,500/mo. Property is fenced, has a good size spray booth, paint mixing area, ppg paint system, cone system to generate the estimates, frame machine with tools, frame measuring machine, one lift,4compressors, puller machine, welding machine, torch, air jack, regular jack, a dolly, 3 phase electrical, nice computerized office and reception area, 2 bathrooms and 15 parking spaces inside and out. This business has been established over 20 years, 2 years with current seller. New buyer can get an assignment of seller’s current lease (3 years left + 5 years option) ,or negotiate an extension, or a new lease. Seller owns a car reconstruction business in Azusa working only on classic old cars that he is going to close down as soon as he closes escrow on this one. He wants to move to a bigger size shop in W. LA. This is an asset sale, no books and records available, sold in “as is’ condition and profits are future. All equipment (all in good working condition with all licenses and permits in place), furniture and fixtures are included in the sale.
Don’t let this opportunity pass you by, it will not last long.
Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
Detailed Information
Years in Operation
21
Facilities & Assets
The building size is 2,925 Sf, and has 15 parking spaces inside and out. the facility is newly remodeled. All equipment, furniture and fixtures are included( a list on file). New buyer can get an assignment of seller's current lease (3 years left + 5 years option), or negotiate an extension ,or a new lease
About the Sale
Transition Support
Seller will explain to buyer the way he has been managing the business.
Seller Motivation
Seller wants to move to a bigger space in W. LA.
Listing Info
ID
2546790
Listing Views
1

Listing ID: 2546790 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.