Auto Repair Shop - Business Only. There for 4 decades.
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Auto Repair Shop...Heart of Los Angeles...Net Profit - $164,000 @ year
Auto Repair Shop - Business Only.
Sales - $427,000 yearly
Owner is the mechanic and he has 1 employee.
Owner has being there for over 42 years.
In the heart of Los Angeles
Reason for selling - Retiring.
Inside Sq Footage - 5,000 sq ft
Bays - 6, with a store room in the back.
Very very Clean Operation and Clean Books & Records
Lease - 5+5+5
Rent - $5,500 + $585 (Property Taxes)
Rent will go up every year 2% and Buyer to have the option to buy the land.
Net Income on the tax returns - $164,000
Hours of Operation - 8am to 5pm
Asking Price - $249,000 + Inventory.
Sales - $427,000 yearly
Owner is the mechanic and he has 1 employee.
Owner has being there for over 42 years.
In the heart of Los Angeles
Reason for selling - Retiring.
Inside Sq Footage - 5,000 sq ft
Bays - 6, with a store room in the back.
Very very Clean Operation and Clean Books & Records
Lease - 5+5+5
Rent - $5,500 + $585 (Property Taxes)
Rent will go up every year 2% and Buyer to have the option to buy the land.
Net Income on the tax returns - $164,000
Hours of Operation - 8am to 5pm
Asking Price - $249,000 + Inventory.
About the Business
- Years in Operation
- 42
- Opportunities for Growth
- You can open the shop for a lot longer. He closes the shop at 5pm and does not open on the weekends. You can open it on the weekends also.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Retiring
- Financing Options
- It is a CASH DEAL
Listing Info
- ID
- 2442350
- Listing Views
Listing ID: 2442350 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Auto & Automotive Businesses for SaleCalifornia Auto Body & Repair Businesses for Sale
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