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Los Angeles

  • Listing No.: 130-00216

  • Category: Auto

Asking Price $299,000
Down Payment
Gross Revenue $863,000
Total Adjusted Net Income $170,904
Equipment / Fixtures $100,000
Year Established 1995
General Location Los Angeles
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Auto Body & Paint Shop in the heart of Los Angeles, located off of a major freeway! Auto body shops with permitted spray booths are hard to find in LA! Here is an ideal opportunity to purchase a profitable, long-established, and turn-key auto body shop with a great reputation!! The shop is operated semi-absentee! The auto body shop provides auto collision, paint, wheel alignment, suspension, repair & maintenance and more! The location has established recognition, as it has been an auto shop for 25 years. Due to its reputation for excellent customer service, this auto body repair shop has developed a loyal customer base., including 5-Star YELP ratings! The shop is 12,000 square feet with a fully gated premises, including 25+ car parking, 3 offices, and surveillance system with 15 cameras. The shop is equipped with a side-draft paint spray booth system, wheel alignment machine, wheel balancer, 2 lifts, tire changer, and more! The shop was renovated and modernized in 2015. Seller maintains good financial records. Call Today! 424-272-1773 or Email: ddube@fcbb.com

Gross Revenue $863,000 Listed Price $299,000
Total Income $170,904 Down Payment
Base Rent $10,927 Square Feet 12000
Total Rent $11,287 Lease Expiration 8/2020
Rent Deposit $10,000 Lease Options
Inventory Not Included Leasehold Improvements $50,000
Equipment / Fixtures $100,000 Other Assets $20,000 - paint and shop supplies
Full-Time Employees 4 Training Period 2 Weeks
Part-Time Employees Special License Required AQMD, BAR, Haz. Waste, Alarm, Seller's Permit, City Tax Registration
Contract Staff Reason for Selling Other Businesses Needing Seller's Attention

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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