Lawnmower Service Shop with Property

Bellflower, CA
listing image
Asking Price:$1,100,000
Gross Revenue:$252,000
Real Estate:$950,000
Cash Flow:$144,000
Inventory:$70,000
Established Year:2018
BUSINESS DESCRIPTION

MONTHLY GROSS: $21,000
MONTHLY RENT: $3,600 MORTGAGE
STORE SIZE: 1,680 SF BUILDING / 6,427 SF LOT
OPEN HOURS: 8AM-6PM MON-FRI / 8AM-3PM SAT / CLOSED SUNDAY
EMPLOYEES: FATHER AND SON TEAM
OWNER SINCE: 2018
REASON FOR SELLING: RETIRING
FINANCING: SBA LOAN WITH 20% DOWN PAYMENT
NOTE: GOOD VISIBILITY FROM THE STREET.
MOST OF THE REVENUE COMES FROM REPAIR SERVICE.
SELLER WILL TRAIN BUYER. GREAT OPPORTUNITY
FOR SOMEONE WITH MECHANICAL EXPERIENCE.


DETAILED INFORMATION
Location
Bellflower, CA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,680
Employees
2
Facilities
1,680 sf. building 6,427 sf. lot
Competition
Not much competition
Growth & Expansion
Room to grow with more sales and service
Support & Training
Full training available. No experience needed but must like fixing things.
Reason for Selling
Retiring
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Jack Oh