Auto repair shop.

Glendora, CA (Los Angeles County)

Auto repair shop.

Asking Price:$120,000

Cash Flow:$60,000

Gross Revenue:$240,000





Auto repair shop.

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Business Description

Great location on a major Blvd. 2 bays w/2 hoists inside and a Half one outside Seller will give buyer a sublease for 5 years plus 5 option at $2,000./ Mo Gross sale is $20,000/MO Shop is fully equipped (list of equipment on file). everything is included in the sale together with a tool box with everything inside it , all whatever left of inventory at time of sale in addition to a stable profitable hospital fleet account. Seller is retiring after 52 years in business.

Detailed Information

Great location on a major Hwy. Established 1974 this business has: 2 bays with 2 hoists inside and one half hoist outside. A big size office, a large waiting room , 2 bathrooms and one full time mechanic with a payroll of $2,400/ MO. The gross sale is $20,000/MO without any advertising or any use of social media just relying on the word of mouth. Seller would give new buyer a sublease of 5 years plus 5 years option at a low rent of $2,000/ MO and a good section of parking spaces where he can also sell used cars and make an extra income. Equipment include: An engine hoist, a transmission hoist, R134 charging unit, a barring presser, an air compressor, a gear oil pump, a motor stand, a 125 gal waste oil barrel, one grinding machine, an air oil draining unit, a rotter and drum resurfacing set(Ammco brand), a work table, band pack hoist lifters, scanners, a tool box with all the tools inside it, a furnished office with computer(All data Mitchell software), a printer, scanner, copy machine, a refrigerator, one microwave, together with all inventory left at the time of sale, as well as a stable profitable hospital fleet account. Seller has been in this location for 13 years, made lots of money and now is retiring after 52 years in business. This is a very good opportunity with excellent rent that you can’t find anywhere in Glendora. Seller will entertain any reasonable offer.
Growth & Expansion:
These 2 bays are apart of total nine bays(include a body shop) that can be also for sale for a total price of $295,000.
Support & Training:
After close of escrow seller will stay for one month with new buyer to introduce him to his clientele.
Reason for Selling:

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Michael Raad

Business Listed By:
Michael Raad

Century 21 Golden Realty

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