Excellent Location..In the Heart of Los Angeles, Being there for 4 dec
Business Description
Excellent Location..In the Heart of Los Angeles, Being there for 4 decades
A full-service auto repair shop dedicated to providing high-quality automotive maintenance and repair services. They specialize in diagnostics, engine repairs, brake services, oil changes, tire services, and preventive maintenance for all vehicle makes and models. Their certified technicians combine expert craftsmanship with the latest diagnostic technology to deliver reliable, efficient service.
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
Asking Price - $249,000 + Inventory.
A full-service auto repair shop dedicated to providing high-quality automotive maintenance and repair services. They specialize in diagnostics, engine repairs, brake services, oil changes, tire services, and preventive maintenance for all vehicle makes and models. Their certified technicians combine expert craftsmanship with the latest diagnostic technology to deliver reliable, efficient service.
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
Asking Price - $249,000 + Inventory.
About the Business
- Years in Operation
- 40
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Seller is Retiring
- Financing Options
- IT IS A CASH DEAL
Listing Info
- ID
- 2438193
- Listing Views
- 86
Listing ID: 2438193 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.
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