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For Sale: Auto Body And Paint Shop - Freestanding Building - San Gabriel, California

$650,000.00

Asking Price

  • Address: San Gabriel,

Description

These 2 well established businesses are in a free standing building, few yards from a major Blvd. They have been under the same ownership for the past 20 years and boast a consistent growth. This great opportunity with all licenses and permits in place, offers the convenience of combining the towing, car repairs and body work and paint in one location. The Building size is 2,336 Sift, has 3  mixing room,2 offices, a storage area and 2 bathrooms. Lot size is 8,288SF it is gated with parking spaces for 30 cars, and rent of $9,000/Mo NNN . long term lease is also available. The gross annual sales of the towing business are $ 3,648,517 and the net income is $200,500 as per seller statement. The towing business has a fleet of 8 trucks and run by 15 drivers and 2 secretaries. the venue is AAA approved mechanic shop and towing. It is I-car Gold certified with possibility to become DRP with Auto Club, and many other insurance companies as well. The body shop is fully equipped with a heated spray booth that will stay with the property( can't be removed) a  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.. The team running the body shop consists of 2 mechanics, a body man and a seasoned painter. The seller is focusing on the towing part of the businesses with no time to attend to the body shop. He 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. All equipment, furniture and fixtures are included in the sale price. If the towing business is sold separately the price would be $300,000, rent would be $4000/Mo NNN, and the parking spaces would be divided between the 2 businesses. Don’t miss out on this rare opportunity. Seller will train.

Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by the 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.

To get more information about this Auto Body And Paint Shop - Freestanding Building business for sale in San Gabriel please phone Michael Raad (Broker - BRE License #:00984305) at 626-215-4563 Cell and 626-204-2319 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #290995 on BizBen.com. In addition to phoning Michael Raad, make sure you email Michael Raad above to get more info about this Auto Body And Paint Shop - Freestanding Building, to ask any questions or request an appointment to see this business for sale. Thank you. License # 00984305. Berkshire Hathaway HomeServices Golden Properties.

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Contact

  1. Name: Michael Raad
  2. phone iconPhone: 626-215-4563 Cell
  3. phone iconPhone: 626-204-2319

Details

  1. Asking Price: $650,000.00

  2. Down: $650,000.00

  3. Cash Flow: $200,500.00

  4. Revenue:    $3,648,500.00

  1. Area: San Gabriel

  2. City: San Gabriel

  1. Attributes:

    Semi-Absentee RunTraining & Support

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Related Links & Information Regarding This Posting

Email Michael Raad Below About This Posting


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