Corona Auto Body Collision & Repair Shop For Sale

Business description

This well-respected Auto Paint & Body Shop sold for $325,000 ten months ago. Personal problems force immediate sale for $140,000. The shop has been in operation since 1988. Located in the “hub” city of Corona, Riverside County next to key freeways afford this business the best of all worlds. Spray booth, bake oven, frame machine and all equipment are included in sale.

The facility is approximately 10,900 square feet with permanent dust walls separating the paint area from prep and frame machine.

This business has earned an excellent reputation for quality paint and bodywork at reasonable prices. Clients include many new car dealers. With current regulations, zoning and restrictions, it would be extremely difficult to open a new shop in this city. This business is ready for your move in.

General Information

Year Established - 1988

Employees - 11 Full Time

Facility - Approximately 10,900 sq. ft. including 850 sq. ft. office space with 45 x 135 gated alarmed parking area. Rent just reduced from $12,900 mo. to $8,000 per month.

Hours of Operation - Monday-Friday 7:30 – 5:30.

Price Includes - Furniture, Fixtures, Equipment and Inventory

Reason for Selling - Person Reasons

Asking Price - $140,000

Gross Revenue - $900,000

Property information

Real Estate:

Lease

Lease terms:

$8,000 per month

Location:

10,900 sq. ft. building

Size in square feet:

10,900

Other information

Support & training:

Seller will provide training

Reasons for selling:

Personal Issues

Trading hours:

Monday-Friday 7:30-5:30

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will negotiate financing