Michael Raad
Berkshire Hathaway HomeServices Golden Properties
Postings
San Gabriel, California
Auto Body And Paint Shop - Freestanding Building
$ 275,000
well established business in a free standing building, few yards from a major Blvd. It has been under the same ownership for the past 20 years. The Building size is 2,336 SF, has 3 mixing room,2 offices, a storage area and 2 bathrooms. Lot size is 10,621SF it is gated with parking spaces for 30 cars, and rent of $9,000/Mo NNN . long term lease is also available. the venue is approved mechanic shop and towing . It is" I-car Gold certified" with possibility to become DRP. The body shop is fully equipped with a heated spray booth that will stay with the property( can't be removed) a new Car-o liner frame machine with measuring system($160,000),another star liner frame machine outside the building($15,000) , Lincoln welding machine ($7,000), 2 hoists ($10,000), paint ,furniture and all needed equipment to run a successful mechanic and body shop establishment. The team running the body shop consists of 2 mechanics, a body man and a seasoned painter. Adding a towing service to the business ,as it used to, would be a good idea to generate an extra income. The seller is not engaging in active marketing, or social media which translate to significant upside potential. This turn-key business with somewhat built-in clientele is waiting for the right operator to move it to its full potential. Seller owns a towing business in Monrovia and he will be happy to refer his customers to this body shop for its relative close distance and good body and paint work. All equipment, furniture and fixtures are included in the sale price. This opportunity with all licenses and permits in place is sold as an asset sale, in an" as is "condition and profits are future. Seller will train.
Pasadena, California
Beauty Salon - Prime Location
$ 300,000
CF : $ 162,700
Prime location on a busy thoroughfare, within the most sought after destination in Pasadena. Established 4 years ago, with $250,000 built out cost. It is bright with lovely design and an open floor plan. This chic, classy salon is the first and only salon in Pasadena that offers multitude of luxury cosmetic services and products in one place. The Bldg. size is 1,850 SF; rent is $5,595/Mo, gross annual sales are $350,000, and the annual net income is $162,700 as per seller statement. The venue has 8 Hair stations, 3 of them are leased out ,3 shampoo bowls,3 ozone micro mist hair machines,3 hair dryers, 3 nail stations(one is leased out), 2 pedicure spa chairs, one facial treatment room(for lease),brow and lashes/ semi-permanent tattoo room,1 pantry, an office, a laundry room and 2 bathrooms. The available hair and nail stations and the treatment room, each can be rented out for $500/month totaling a $4000 additional income per month. The venue is run by owner,one manager and seasoned professional staff that consist of 3 hair stylists, 2 estheticians, 1 nail technician, 1 eyebrow threader and one body practitioner. Services include; haircuts/man and women, coloring services, event hair and make-ups, manicure and pedicure, gel x, brows, lashes threading ,waxing, skin care, signature facials, advanced facials, face and body peel, glass skin glow treatment full face and much more. Using high quality fresh, natural and innovative products that create lasting results that help rejuvenate hair, skin and nails. This salon with high reviews on social media has built an impeccable reputation in the community. Its great customer service, relaxing and friendly atmosphere contribute to its success that blow the competition away. A long list of advanced equipment, furniture and fixtures are included in the sale price. This is a rare opportunity with unlimited potential to grow. Great for an owner operator, or an investor who wants to be a part of the growing beauty industry. The name of the business, website, instagram, Facebook, professional backbar accounts that are under Elite, are not included in the sale. Buyer to create his/her own business name and accounts. You have to see it to appreciate it. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals.
Pasadena, California
Mechanic shop for lease in Pasadena.
$ 4,900
Excellent car center location with a daily traffic count of 30,000 cars. The space consists of 2 bays, has a square footage of little less than 1000SF. It comes with 2 lifts, tire changer, office, storage area and 9 parking spaces. This car center is gated and has been serving Pasadena and the neighboring cities for the last 40 years. Master tenant will give a sublease of no less than 3 years, at a rent of $4,900 per month including water, power and trash. This is a great opportunity that won’t last long.
Covina, California
General Mechanic shop.
$ 170,000
Free standing building (shared w/another tenant) located on the most traveled Blvd in the city. This well-established venue is a turnkey business with a second floor of living spaces. It has a high ceiling, 3 rollup/down doors, 7 lifts (1 for alignment, 1 for brake jobs, 1 sixteen ton for trucks, and 4 standard lifts) and room for 8 cars inside. Bldg. size is 4,880 SF, consists of downstairs waiting and office area, another back office, one bathroom, large show room, clean/comfortable furnished waiting area w/TV &Wi-Fi, and an upstairs that has 2 offices or bedrooms, a living area, storage, cabinets, counters, refrigerator and a bathroom with sink and shower. Shop is fully equipped for general automotive service and repair. Currently it is run by seller and 3 mechanics. Rent is $6,823/MO, payroll $10,799, utilities $1, 150, and the gross annual sales are $511,879as per seller statement. The seller does not engage in any active marketing; he relies on his large clientele base, the word of mouth and his great reputation to provide the highest quality service. A considerable source of his income is generated from more than 10,000 customers’ data base, and a busy used cars dealer as well as his contracts with 2 used cars insurance companies that provide him with constant flow of business. This venue is sitting on a 34,977 SF lot, with over 20 parking spaces, plus streets. It has an exceptional room for growth and profit upside with additional technicians. A new savvy buyer can put together a good marketing plan using social media, offering specials, coupons, free inspections etc. to bring this establishment to its full potential. This is a unique opportunity that you have to see it to appreciate it. All equipment (list on file), furniture, and fixtures are included in the sale price. This is a rare opportunity in desirable Covina city will not last long. Health reason is forcing sale. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
Los Angeles County, California
Studio City Italian Pizza Restaurant
$ 165,000
CF : $ 95,730
Prime intersection location with great visibility. Established 39 years under the same name (4 years with current owner), and surrounded by a mix of residential, commercial and retailers with lots of cars and foot traffic. The venue is 800 SF, rent is $4,032 /MO, payroll $12, 000, utilities $1,400, annual gross sales are $480,000 and the net income is $95,730 as per seller statement. (Buyer to verify income during due diligence and observation period). It has a capacity seating for 16 patrons inside and out. Fully equipped kitchen: 2 hoods, 2 ovens, fryer, grill, stove, one 4 head gas burner,, 3 refrigerators, freezer, 4 prep refrigerated stations, 2 stand-up soda refrigerators, 80 Lb. dough mixer, 2 meat slicers, and 2 A/Cs. Serves pizza, pasta, burgers and sandwiches. Dine-in, take-out and delivery this pizzeria opens 6 days Monday - Saturday 10:30 am – 9:30 p.m. It is run by 2 full time, and one part time employee. This 100% help run business does not engage in active marketing efforts, which translates to significant upside potential for a full time owner /operator, or as a family run business. All equipment, furniture, fixtures and name are included in the sale. Buyer can benefit from the good location, reputation, high rating on media reviews, and somewhat built-in clientele base to grow this establishment to its full potential. This turn-key business in desirable Studio City will not last long on the market. Seller has a different interest. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate.
Pasadena, California
Asset sale restaurant.
$ 55,000
Outstanding location, full exposure on a major Boulevard with lots of cars and foot traffic. Surrounded by a great mix of commercial, residential and retail stores, this 1,180 Building has a seating capacity for 40 patrons inside, and room for 8 seats outside. The rent is $5,500/MO, has ample parking spaces in the rear and Front Street. Centrally located in a shopping center that draws customers from local neighborhoods, and many approximately close by institutions including Pasadena city college, the Art Center, Cal Tech university, as well as the nearby high rise buildings, offices , banks and retailers. Seller bought this restaurant with the intention to annex it to his next door restaurant .He started some remodeling work but stopped after certain personal circumstances have changed his business plan. Currently the venue is closed down and is offered as an asset sale that will include: kitchen equipment, two hoods, and refrigerator, plenty of prep area, goodwill and leasehold improvement. Very suitable for a coffee shop, Boba, Sushi, Chinese food, Mexican food, pizza, Korean food etc. It is sold in an “as is Condition”, and buyer can negotiate his rent with the landlord. This opportunity in such a busy area will not last long.
Glendora, California
Auto Repair and Smog Shop
$ 115,000
CF : $ 50,000
Prime location on a major blvd in desirable city of Glendora. This very well-known business was established 28 years, 8 years with current seller, and has built a large clientele base. The building size is 2,365 SF, has a high ceiling, 2 double base, 3 hoists (one is electric), rent is $4,634/Mo including NNN with ample parking spaces. Shop is fully equipped: smog Gvap machine (on rent) with a Dyno, smog machine fan, smog machine electrical and air line including connectors, brake lath machine, tire changer + balancer, engine scanner(MAC) , air conditioning machine, battery charger, battery jumper, engine hoist plus 3 engine stands, 3 bulk oil tanks with pump, 3 used oil tanks, press machine, struts spring mount, transmission jack, 3 free stand jacks, coil spring compressor, air compressor, oil gear pump, pneumatic manual operation fluid extractor, transmission service table, storage room, office and reception room, furniture that include: filing cabinets, fax machine, phones, office refrigerator, microwave, coffee machine and more. Gross annual income is$228,205, and the annual net income is $50,000 as per seller statement. Owner is not a mechanic himself, but has one full time mechanic/smog technician, he pays him $4,333per month. Business opens 6 days 8:00am-5:00pm and Saturday 8:00 -2:00. The seller is not engaged in any active marketing, which translate to significant upside potential. This turn-key business with somewhat built- in clientele is waiting for a savvy mechanic ,or a smog technician with hands on to put together a marketing plan, and benefit from the excellent visibility to promote the business and bring it to its full potential. All equipment, furniture and fixtures are included in the sale. You have to see it to appreciate it. Health reason and retirement are forcing sale Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
Azusa, California
Autobody & Paint Shop
$ 250,000
CF : $ 200,140
This well-established body shop business is in a free standing building on a major Boulevard with easy freeway access. The Bldg. size is 2,925 SF, lot size is 5,050 SF, and rent is $5,500 /MO. Property is fenced, has a good size spray booth paint mixing area, PPG paint system, CCOne system to generate the estimates, frame machine with tools, frame measuring machine, one lift, 4 compressors, puller machine, welding machine, torch, air jack, regular jack, a dolly, 3 phase electrical, nice computerize office and reception area,2 bathrooms, and 15 parking spaces inside and out. Seller does not do any body work on cars himself; he just supervises the progress of work performed by 5 of his experienced employees. Business is run by 5 experienced employees. Annual gross sales are $800,000 and the net income is $200,140 as per seller statement. No DRP, but most customers are from a majority of car insurance companies in addition to some frequent cash customers. This turn-key business has a great potential to grow and has been growing by the day. Seller owns a similar business in Azusa that he is going to close down as soon as he closes escrow on this one. New buyer can benefit from the existing clientele base, the reputation and the insurance companies agents that the seller is going to introduce to him and who are bringing the biggest volume of business to the shop. All equipment, furniture and fixtures are included in the sale. If needed, seller will train buyer for a one month. Don’t let this opportunity pass you by, it will not last long. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
Pasadena, California
Bakery
$ 345,000
CF : $ 272,000
Outstanding location, full exposure, with lots of cars and foot traffic. Surrounded by a mix of residential, commercial and retail stores. This bright, welcoming business has been established 41 years, 2 years with current owner. It consists of 2 units totaling 1, 587 SF, rent is $3,000/Mo with a first right of refusal. Annual gross sales are $655,000 and the annual net income is $ 272,000 as per seller statement. It was closed for one year and current owner has upgraded almost everything; New front signage, replacing old plumbing, walls, ceiling, electric wiring, equipment, adding a third restroom for handicap. Has a full kitchen with a walk-in cooler, walk-in freezer, Deck oven, Baxter rotating rack oven, commercial exhaust hood system, double glass door refrigerator, display refrigerator case, water heater(wall mounted), water filter,2 dough sheeted/ roller machine, warmer, 2-door under counter refrigerator, wooden and stainless steel prep tables, many sinks compartments, baking trays shelves, pans, dough trays, storage, monitor (camera feed), POS system(touchscreen + register),2 front counters, coffee machine, 7 dining tables, 16 chairs, 4 umbrellas, 5 TV’s and more ( a list on file). Serves large and mini Lahmajoune, manakish zaatar, ham and cheese, boregs (cheese, spinach, saroukh), mini pizzas (all kinds) , hummos, baba ghanouj, drinks and more. All made fresh daily with quality and consistency. This new owner has opened for business only one year and already realized high gross and net profits. Business is doing retail, catering and wholesale for major supermarkets (4 of them already). There is still a great room to expand sales by putting together a good marketing plan, adding more items to the menu; cakes, pastries, pies, tarts, cookies etc. This is a turn-key business that is growing by the day. All equipment, furniture, fixtures and business name are included in the sale. New buyer can benefit from the location, good reputation and somewhat built-in clientele to grow tis establishment to its full potential. Owner is managing another business, and now since his son/ partner is moving out of state, he cannot run this establishment by himself. He is motivated and will train. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
Sierra Madre, California
Nail salon in Sierra Madre.
$ 200,000
CF : $ 148,315
Prime location, in affluent community. It sits in the most sought after destination in town. This bright inviting nail salon was the first one to open in the city (2006), and was remodeled by current owner in 2023. The Bldg. size is 1,400 SF, rent is $3,253/MO (long lease available), gross annual sales are $269,500 and the annual net income is $148,300 as per seller statement. The venue is tastefully designed and equipped. Has 5 manicure stations, with room for 2 more, 7 spa chairs, 2 private rooms for wax and facial ,has a hand wash basin and hot water, separate room with a washer and dryer that is also used as a kitchenette with a refrigerator, a microwave, a toaster, coffee machine, small table and chairs, 16 cameras,3 Tv's screens,2 shop's entrances front and back and ample parking spaces. Adding eye lashes semi-permanent tattoo, eyebrow threading, make-ups and spa services, will immediately boost sales. New buyer will benefit from the centralized location of the city (between Pasadena, Arcadia and Monrovia), the low overhead, high profit margin, the efficient operation already in place in addition to the loyal, repeat clientele. The consistency of the cash flow and great social media reviews highlight its great reputation and customers’ satisfaction. This turn-key business, with clean books, is a rare opportunity for an owner operator, or an investor who wants to be a part of the growing beauty industry to step in and continue generating steady and recurring revenue. Business opens 6 days Tuesday-Saturday from 9:00 am- 6:00 pm and Sunday From 10;00 am to 4;00 pm. All equipment, furniture and fixtures as well as Ownership transition, support and training are included in the sale to insure a smooth handover. Act fast this opportunity will not last long. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals