Automotive Custom/Fab Shop

Henderson, NV (Clark County)

Automotive Custom/Fab Shop

Asking Price:$295,000

Cash Flow:$120,000

Gross Revenue:$276,000




Rate/Sq. Ft.:$0.58


Automotive Custom/Fab Shop

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Business Description

Automotive Custom/Fab Shop: This shop is state of the art and is one of the nicest and cleanest shops in town. The equipment consist of: (5) lifts, forklift, exhaust machine, A/C machine, (5) jacks, nut & bolt bins, belt sander, (4) work benches, air compressor, (3) welders, metal brake, drill press, (2) tool boxes, small hand tools, torch set, band saw, shear, sandblast cabinet, parts, shelving, dies, and much more. This Business builds custom cars and or customizes existing cars and trucks, they sub the interior and paint to a third party. There are custom cars and parts available separately.

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Automotive Custom/Fab Shop: Consist of +/- 3,800 sq. ft. of shop space including (4) bays with 12' x 14' electric roll-up doors, +/- 800 sq. ft. of upgraded office space with furniture and +/- 900 sq. ft. of resident managers space with furniture for a total of +/- 5,500 sq. ft. There is a 10 year lease in place with 7 years left and a 10 year option period is available as well. The rent is approx. $3,200.00 monthly.
Growth & Expansion:
Seller has bad knees and wishes to retire. Because of that the Seller has limited hours of operation and a new owner could extent the hours of operation and increase the volume of business by approx. 30%. Also if the new owner hired additional mechanics that would help productivity as well. The present owner works on older cars exclusively and if the new owner wanted to work on newer cars as well they could double their business as the existing clientele has newer cars as well as the older cars to be worked on. Gross income is verified in tax returns.
Support & Training:
Seller is willing to stay in the upstairs apartment for a few months and help Buyer get acquainted with the extensive clientele that the Seller has established.
Reason for Selling:
Bad knees require surgery, would like to retire.

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Michael Sumiyoshi

Business Listed By:
Michael Sumiyoshi

Ohana Realty Group

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