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North Hollywood

  • Listing No.: 130-00189

  • Category: Auto

Asking Price $395,000.00
Down Payment
Gross Revenue
Total Adjusted Net Income
Equipment / Fixtures $100,000.00
Year Established 1998
General Location North Hollywood
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Auto body shops in the greater LA area are hard to find! This is a turn-key auto body shop (asset sale) with a semi-new down draft paint booth that is fully permitted! The auto body shop is equipped to provide auto body/collision, paint, dent repair, mechanical/structural repair, estimates, lease return inspection and more. The Shop is located on a corner lot with great visibility and signage. The Shop is approximately 19,000 square feet, fully gated, air-conditioned premises, 30+ car parking, 3 offices, and surveillance system. Moreover, the Shop is equipped with semi-new equipment, including 1 down draft paint spray booth system, 1 EZ Liner frame machine, 3 rotary hoists, 3 large air compressors, 2 Mig welders, 1 welding machine, and 1 Robinar AC Machine (brand new), and more! This is a prime opportunity to own a large auto body shop in a great location with a long-term lease, including a fixed rental rate for 7 years! This is an asset sale only. The Business name and staff are not included in the sale. Inquire or email today: asmith@fcbb.com!

Gross Revenue Listed Price $395,000.00
Total Income Down Payment
Base Rent $11,000.00 Square Feet 18992
Total Rent $12,344.00 Lease Expiration 10/2025
Rent Deposit $11,000.00 Lease Options 1/7
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $100,000.00 Other Assets Long-Term lease with fixed rate, Permitted Spray Booth
Full-Time Employees Training Period 1 Week
Part-Time Employees Special License Required AQMD, BAR, City Tax Registration, Seller's Permit, Toxic Substance
Contract Staff Reason for Selling Divorce/Partnership Dissolution

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.