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General Auto Repair

  • Status: Available
  • Price: $399,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6364
  • Status: Available
  • Area: Los Angeles
  • Price: $399,000

Description

Auto Repair making Net Income of $260,000 a year!!

Established in 2002, This 3400 Sf Smog Shop with high volume is for sale. All maintenance, engine repairs, heating and air conditioner repair, tires, electrical services, Etc. are done at the shop. Equipment includes but is not limited to 6 bays, 2 electric newer rack, break lathe, Air conditioning machine, Alignment Track, 2-ton hydraulic
press, brand new computer alignment, and 4 computers including software. The shop is owner operated and open from 8 AM to 5 PM, 5 days a week, Monday through Friday and 8 AM to 4 PM on Saturday. The Gross income is $500,000,a year, net income of $260,000 yearly. The rent of $5000 monthly and has 14 years left on the lease. The shop collects rent from a truck on the premises which totals to 30K a year and $10k from UHall a year (total $40k). Financing is available for customer that can not pay for the service
4 employees /small base salary plus commission.

Business Information

Ownership Type: Corporation
Year Established: 2002
Year Purchased: 2002
Business Type: Auto Repair & Tire
License(s) Required: Business
Hours of Operation: 8 Am- 5Pm/ 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6364
Date Available: 04/22/2022
Reason For Sale: Other Interest

Financial Information

Annual Total:
$500,000
Revenue:
Annual Net Income:
$260,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
$5,000/m
Lease Expires:
2036
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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