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East Bay Body Shop - Long Lease & Low Rent for sale in Alameda, CA

Alameda, California (CA)

Asking Price: Gross: Cash Flow:
$ 95,000 $ 221,663 $ 65,453

Inventory Value:
$ 1,500 (included in the asking price)

Business Summary:
This body shop has been providing quality auto body repair service to Alameda County area for 30 years. The shop is neat and clean and everything is up to code. All equipment is owned by the seller, up to date and with no deferred maintenance issues. The seller has started working on the changeover to water based paint as per new regulations. The rent is low at less than .75 cents a square foot and the lease has fourteen years left, and contains a right of first refusal to buy the real estate.

 

   
Year Business was Established: 1978
   
Number of Employees: 1FT  
   
Facilities / Terms of Lease: Lease will expire on Jan. 5th.2016; One 5 year option is available.  
   
Owner willing to finance: Seller will finance $ 20,000 ( 21.5%) of the price.  
   
Owner willing to train: 4 weeks @ 25 hours per week.  
   
Reason for selling: Family issues.  
   
Seller Reference Number: # 7460
BusinessMart.com Listing Number: 64038
 

 

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For more info contact:

Michael Floorman

BTI Group
408-385-0412

CONTACT SELLER

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