Prime location on a major blvd in desirable city of Glendora. This very well-known business was established 28 years, 8 years with current seller, and has built a large clientele base. The building size is 2,365 SF, has a high ceiling, 2 double base, 3 hoists (one is electric), rent is $4,634/Mo including NNN with ample parking spaces. Shop is fully equipped: smog Gvap machine (on rent) with a Dyno, smog machine fan, smog machine electrical and air line including connectors, brake lath machine, tire changer + balancer, engine scanner(MAC) , air conditioning machine, battery charger, battery jumper, engine hoist plus 3 engine stands, 3 bulk oil tanks with pump, 3 used oil tanks, press machine, struts spring mount, transmission jack, 3 free stand jacks, coil spring compressor, air compressor, oil gear pump, pneumatic manual operation fluid extractor, transmission service table, storage room, office and reception room, furniture that include: filing cabinets, fax machine, phones, office refrigerator, microwave, coffee machine and more. Gross annual income is$228,205, and the annual net income is $50,000 as per seller statement. Owner is not a mechanic himself, but has one full time mechanic/smog technician, he pays him $4,333per month. Business opens 6 days 8:00am-5:00pm and Saturday 8:00 -2:00. The seller is not engaged in any active marketing, which translate to significant upside potential. This turn-key business with somewhat built- in clientele is waiting for a savvy mechanic ,or a smog technician with hands on to put together a marketing plan, and benefit from the excellent visibility to promote the business and bring it to its full potential. All equipment, furniture and fixtures are included in the sale. You have to see it to appreciate it. Health reason and retirement are forcing sale.
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