Description

Business for sale with opportunity to acquire real estate is a profitable long established automotive repair shop located in the mid San Fernando Valley portion of Los Angeles County. This is a prime piece of real estate that covers almost 27,000 sqft and has about 7,500 sqft of buildings on it. Significant price reduction! The owners are ready to retire after 30 years of success and the business is prime for a younger more aggressive owner to take it to the next level. This is a great opportunity for the buyer who wants to own the real estate where the business is situated. There is additional income from the property that comes from a number of other tenants and the long term prospects for this parcel look very good. The overall NOI on the property including the business rent is approximately $180,000. For a buyer who wants to lease the space a rent of $6,000/month is available. Great signage and visibility along with a growing web presence makes this a secure investment for the long term. The business is located on a major street in the Valley so property appreciation looks strong.

Posted Aug 28, 2015

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