840 E 2ndPomona, CA 91766

Description

ESTABLISHED AUTOMOTIVE ENGINE REBUILDING & MACHINE SHOP - POMONA, CA Excellent opportunity to acquire an established business with real estate and benefit from long-term business growth and property appreciation. Two contiguous properties offer approximately 5,626± SF of improvements on 13,000± SF of land. The engine rebuilding and machine shop operates from approximately 3,776± SF. Business Asking Price: $599,000 Inventory: Additional, not to exceed $125,000* Real Estate Asking Price: $2,399,000 Combined Asking Price: $2,998,000 plus inventory BUSINESS OVERVIEW Established in 2012 with roots dating to 2002, this automotive engine rebuilding and machine shop has built a strong reputation and customer base in Southern California. Specializing in engine rebuilding and installation, cylinder head work, resurfacing, crankshaft grinding, pressure testing and automotive machine shop services. The business serves repair shops and direct customers throughout the region. FINANCIAL PERFORMANCE Annual revenue of $1,094,608 demonstrates a strong presence in the automotive services market. KEY ASSETS & INFRASTRUCTURE Complete machinery, equipment and tooling Established customers and repair shop network Turnkey operating infrastructure Strategic Pomona location with regional access 3,776± SF operating facility with 5,626± SF total improvements REAL ESTATE OPPORTUNITY Two contiguous parcels totaling approximately 13,000± SF. UND-3 zoning provides future redevelopment potential for multifamily, mixed-use or compatible uses, subject to City approval. Operate Today! Redevelop Tomorrow! IDEAL BUYER Ideal for automotive operators, repair or transmission shops, fleet service companies, or strategic buyers seeking to expand or bring engine rebuilding capabilities in-house. STRONG SOCIAL MEDIA PRESENCE:

Property Information

Property type

Commercial Sale

Sub-type

Industrial

Year built

1957

Stories

1

Building area

1,620 Sq Ft

Lot size

0.15 acres

Days on market

33

MLS^® Listing#

CV26193005

Property Features

Laundry

None

Fencing

Block · Wrought Iron

Lot features

Near Public Transit · Paved

Utilities

Cable Available · Electricity Available · Electricity Connected · Natural Gas Available · Natural Gas Connected · Phone Available · Phone Connected · Sewer Available · Sewer Connected · Water Available · Water Connected

Water source

Public

Parcel number

8335003050

Directions

East of Towne Avenue