1715 Abalone Avenue #306

Torrance, CA 90501
$75,000
Courtesy of John Garland Real Estate

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
    • Type & Style
      • Property type:Purchase
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$75, 000
  • Other
    • Source
      • MLS #:SB24154161

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
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
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Loan Amount
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