Auto Repair Shop...Heart of Los Angeles...Net Profit - $164,000 @ year
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Auto Repair Shop + Option To Buy The Land After 5 Years, Low Rent
Auto Repair Shop...Heart of Los Angeles...Net Profit - $164,000 @ year
Auto Repair Shop - Business Only + Option to buy the land after 5 years.
There is a 1 bedroom apt on top of the store which is rented out for $1,500 @month
BUT not included in the sale. When the buyer buys the land, he will have access to it.
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.
Auto Repair Shop - Business Only + Option to buy the land after 5 years.
There is a 1 bedroom apt on top of the store which is rented out for $1,500 @month
BUT not included in the sale. When the buyer buys the land, he will have access to it.
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 increase the sales by opening on Saturdays and increasing the hours. His hours are 8am - 5pm. He does no advertising.
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 ONLY
Listing Info
- ID
- 2445845
- Listing Views
- 127
Listing ID: 2445845 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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