Auto Repair Shop - East LA - Business Only, Loan SBA approved with 25%
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Down Payment $40,000 - Excellent Location for 42 years - East Los Angeles
Auto Repair Shop - Business Only - In the heart of Los Angeles
SBA LOAN ALREADY APPROVED WITH 25% DOWN - $40,000
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
Asking Price - $225,000 + Inventory.
SBA LOAN ALREADY APPROVED WITH 25% DOWN - $40,000
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
Asking Price - $225,000 + Inventory.
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- $5,500 per month
About the Sale
- Seller Motivation
- Retiring
- Financing Options
- SBA LOAN ALREADY APPROVED WITH 20-25% DOWN PAYMENT
Listing Info
- ID
- 2531159
- Listing Views
Listing ID: 2531159 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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