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Auto Body Shop

  • Status: Sold
  • Price: $899,000

Houmehr 'Mike' Panoussi

License No:
DRE #01853627
Email:
mike@lbaweb.com
Office:
661-816-1141
Mobile:
661-816-1141
  • Listing No: 6463
  • Status: Sold
  • Area: Los Angeles County
  • Price: $899,000

Description

Discover an unparalleled opportunity in the automotive industry. Situated in Los Angeles County  their state-of-the-art high-volume body shop boasts
exceptional reviews and a thriving business since its establishment in 2015 in their initial location and since 2018 in the current location.

Key Features:

Expansion Ready: Additional building added in 2023 to accommodate growing business demands.

Advanced Equipment: Equipped with high-end tools and a licensed spray booth, ensuring top-notch service.

Specialization: Specializes in vehicle customization and restoration with a skilled crew at your service in addition this premier body shop specializes in comprehensive insurance claim services and expert repairs for the latest model vehicles. Their fully equipped facility boasts a dedicated team of skilled professionals, including experienced body technicians, meticulous painters, and proficient estimate writers, ensuring top-notch service and flawless results for every client.

Spacious Facilities: Two buildings totaling over 8,240 sqft of workspace on a 19,500+ sqft lot, complete with ample parking and storage space.

Financial Stability: Boasts an average gross sales exceeding $2.5 million annually, with a net profit of over $600K+.

Strategic Lease: Favorable lease terms for both buildings, offering stability and growth potential.

Business Expansion Opportunities:

Marketing Potential: Room for expansion through online and local marketing initiatives.
Service Diversification: Opportunity to diversify services to cater to a broader clientele.

Paint Contract: Secured contract with Axalta & Annex Company ensures stability and consistent quality with the Axalta/Pro max Paint system.

Equipment Included:

Paint Department: Cromax Paint System, licensed 24ft Paint Booth, Fire Extinguisher, and miscellaneous tools.

Frame Department: Standard Frame Machine, Measuring Tools, Snap-on mig welders, Spot Puller, and various tools.

Miscellaneous Equipment: Axalta Diagnostic Scanner/Tool, Bosch Full Radar Calibration System, A/C Systems, Compressors, Car Lifts/Hosts, Tool Boxes, and Part Racks. This turnkey business opportunity is perfect for individuals with experience in the body shop, automotive dealership, or auto-related industries. Take advantage of the established reputation and thriving business model.

Lease Details:

First Building: $4400 per month rent + $6500 property tax per year. 4-year lease remaining with 5-year option, 3% annual increase.

Second Building: $6000 including property tax. New 5+5 lease with 3% annual increase.

Don’t miss out on this rare chance to own a successful automotive business. Contact us today to schedule a viewing and explore this lucrative opportunity further.

 

Business Information

Ownership Type: N/A
Year Established:
Year Purchased:
Business Type: Automotive
License(s) Required:
Hours of Operation:
Business Relocatable:
Business Is A Franchise:
Home Based: N/A
Broker To Broker CoOp:
Office Listing Number: 6463
Date Available:
Reason For Sale:

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
Lease Expires:
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NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
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