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1715 Abalone Avenue , #306

Torrance, CA 90501
  • $75,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: SB24154161
UPDATED: 56 min ago
$75,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): John Garland of John Garland Real Estate (310-486-2197)


Description

This shop has been an auto repair shop for about 18 years in this location. Purchased in 2023 a recent family emergency necessitates the sale. Excellent opportunity for a single person operation, though the current mechanic is willing to stay on. Trending to produce gross revenue of about $200,000 per year. Single operator should be able to produce taxable income of between $6,000 and $10,000 per month,depending on the owner/mechanic, after all business expenses as per current owner. Assets include: two lifts, a MATCO Toolbox inclulding tools, alignment machine, tire replacement machine, tow mechanic shelf, air compressor and other misc. equipment. Can supply appropriate financials for a serious buyer after signing an NDA. Click on photo to enlarge for better view of the shop.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-10T12:31:15.743. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Hertz Group. Licensed in the State of California, USA.
www.jordonayourrealtor.com/homes/153021333
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1715 Abalone Avenue , #306 Torrance, CA 90501

  • Price: $75,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 56 min ago
  • ID#: SB24154161
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
134 - Old Torrance
County:
Los Angeles
Area:
134 - Old Torrance
Property Description
This shop has been an auto repair shop for about 18 years in this location. Purchased in 2023 a recent family emergency necessitates the sale. Excellent opportunity for a single person operation, though the current mechanic is willing to stay on. Trending to produce gross revenue of about $200,000 per year. Single operator should be able to produce taxable income of between $6,000 and $10,000 per month,depending on the owner/mechanic, after all business expenses as per current owner. Assets include: two lifts, a MATCO Toolbox inclulding tools, alignment machine, tire replacement machine, tow mechanic shelf, air compressor and other misc. equipment. Can supply appropriate financials for a serious buyer after signing an NDA. Click on photo to enlarge for better view of the shop.
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Name Zack's Auto Services Business Type Auto Service Listing Agreement Exclusive Right To Sell Listing Service Full Service Total Actual Rent 2150



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-10T12:31:15.743. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Hertz Group. Licensed in the State of California, USA.
 
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The Hertz Group
31518 Emperor Dr.
Canyon Lake CA, 92587
Listing Agent(s): John Garland of John Garland Real Estate (310-486-2197)