$75,000
For Sale

1715 Abalone Avenue #306

Torrance, CA 90501
Listing OfficeJohn Garland Real Estate
Browse 2 photos
Type:Purchase
Structure:Commercial
Zone:Residential

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.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$75,000
  • Other
      • MLS #SB24154161

Location

King Realty GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00