2650 E Alessandro Boulevard,Riverside,Riverside,BusinessOpportunity

$ 1,500,000
2650 E Alessandro Boulevard,

Overview

  • Updated On:
  • January 31, 2024

Property Description

LOCATION, LOCATION, LOCATION! Turnkey full-service, well established, stable auto repair business opportunity with long-term clientele. This well-maintained, clean, organized business is located in a freestanding building in the heavily populated City of Riverside. The leased building offers 4-double bays with 4 vehicle lifts, 1 flat lift, customer waiting area, reception, private office, 2 bathrooms, storage room, ample customer parking, and secure overnight vehicle parking. The business model offers tire sales, emission/smog testing, general auto repair, DMV services, fleet service, and an auto wholesale license. There are currently 5 full-time employees. AAA Shop, NAPA Auto Care Center, ASE certified, and long- term triple net lease is in place. Located in a high traffic intersection just off the 215 freeway with excellent visibility and access to attract new customers. After 35+ years of growing the business, the owner is hanging up his work shoes and retiring… he says it’s time to travel! NDA (Non-Disclosure Agreement) is required before financial information is disclosed. SBA loan with 10% down is available for qualified buyers.

Address: 2650 E Alessandro Boulevard
City:
State/County:
Zip: 92508
Country: United States
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Property Id : 116422
Price: $ 1,500,000
BuildingFeatures: PhoneSystem
BusinessType: AutoRepairSpecialty,AutoService,AutoTires
BuildingAreaUnits: SquareFeet
BuyerAgencyCompensation: 3.000
BuyerAgencyCompensationType: Item1
ContractStatusChangeDate: 2023-02-02
Directions: E/215 Fwy, W/Old 215 Frontage Rd., N/Cactus Ave., S/Eucalyptus Ave.
Exclusions: Employee's and owner's personal tools.
CumulativeDaysOnMarket: 217
DaysOnMarket: 217
$ 7,690.80
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,815.80
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