BUSINESS DESCRIPTION
Auto Repair shop, with Real Estate available21; Specializes in Cadillacs and services many repeat customers.OPPORTUNITY to expand or diversify if you are currently in the auto repair business; or, if you are mechanic or repair buff, a chance to launch into this field as a new business owner. The shop is well located on Vermont Avenue, a short distance from both the 110 and 105 freeways and offers five bays for servicing. The property is located in Los Angeles County and is zoned C-3: Unlimited Commercial.The shop has been in business for 42 years and under current ownership for 4 years. The owner is, largely, absentee and is highly motivated to sell and enjoy his retirement. A plus for the growth of this business would be a person with knowledge in the auto repair industry who intends to be onsite to manage the business to its full potential. The Real Estate (Lot size: 13,400 sq/ft with 2500 sq/ft building) is an important part of this deal, and can be packaged with the business or purchased separately. Asking price for the business alone is 24;135,000 with rent at 24;4500 gross. Property alone is listed at 24;603,000. Property and business as a package deal is listed at 24;650,000. Inventory will be added to the purchase price at cost. This is a great opportunity any way you structure the deal21;For more information, please contact Rod Gutierrez or Jeff Beland at (310) 539-8300.