Excellent Location..In the Heart of Los Angeles, Being there for 4 decades
A full-service auto repair shop dedicated to providing high-quality automotive maintenance and repair services. They specialize in diagnostics, engine repairs, brake services, oil changes, tire services, and preventive maintenance for all vehicle makes and models. Their certified technicians combine expert craftsmanship with the latest diagnostic technology to deliver reliable, efficient service.
Auto Repair Shop - Business Only, 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
Asking Price - $249,000 + Inventory.
Ad#:2438193
