• Units
• Unknown Sq Ft
• 229,561 Sq Ft
• Unknown Cap Rate

Description

Offered for Sale is an established, fully equipped, fully operating, well-rated auto body shop and collision repair business, located at Prime Industrial Business Park in San Fernando Valley in Pacoima. It is 3500 sq/ft with roll-up doors. The workshop area accommodates up to 8 vehicles indoors for high-volume operations. The shop features a welcoming reception area, 2 private offices, and 2 bathrooms. The Plaza offers abundant on-site parking for tenants and customers. Business operates under a favorable industrial lease with remaining term and extension options available, subject to landlord approval. Property is zoned and approved for auto body and collision repair use, including paint and mechanical operations, subject to Tenant due diligence and inspections. Financials available for review upon execution of a confidentiality agreement. All major equipment is owned free and clear. Business operates in compliance with applicable city and environmental regulations. Information deemed reliable but not guaranteed. Buyer to verify all aspects of business, lease, zoning, and permits to their satisfaction. The business is being sold as a going concern, allowing a buyer to step in and continue operations without interruption. Reviews are highly positive, mentioning quality work, professionalism, and good customer service. Fully equipped and ready for immediate operation

This Auto Body Shop Offers a range of services like: Auto body restoration, Chrome delete application Auto customization Auto diagnosis or inspection Bumper repair Collision repair Dent removal Auto electronics installation

Assets included in the sale consist of: All shop equipment machinery, including (but not limited to):

frame machine, paper paint booth, compressors, welders, lifts, spray guns, sanders, grinders, and all body rep[air tools, Paint systems and mixing equipment, racks, and related supplies on hand

Office Equipment: desks, computers, phones, printers, software, and point-of-sale or estimating systems, Business Name, goodwill, and customer base, Active vendor and supplier relationship may be included, subject to agreement. Existing phone number, email, and online presence

Lease:

-Take over assumable monthly Base Lease of $7193/m

-Employees willing to stay

-equipment owned is included in sale

Lease term remaining 5 years with option to extend

Lease type: Modified gross / NNN / industrial gross

Zoning: LAMR1

Annual Percentage increase by 3% annually