840 E 2nd Pomona, CA 91766
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26193005
HOA Y/N No
Year Built 1957
Lot Size 6,394 Sqft
Property Sub-Type Industrial
Property Description
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:
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Fireplace No
Laundry None
Exterior
Fence Block, Wrought Iron
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Building
Lot Description Near Public Transit, Paved
Story 1
Water Public
Others
Tax ID 8335003050
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Government Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Government Loan
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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