New Listing
840 E 2nd,Pomona, CA 91766
Pomona, 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:
Details
| MLS # | CV26193005 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 2 |
| Listing Provided By | Fortune RE and Investment, Inc | Rocio Barrera |
Features
| SQ Feet | 1,620 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.15 |
Exterior
| Lot Features | Near Public Transit, Paved |
|---|---|
| Fencing | Block, Wrought Iron |
Utilities
| 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 |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pomona |
| Zip Code | 91766 |
| Area | 687 Pomona |
| Listing VS Median (in 91766) | |
Price: $2,399,000 low | high Med: $1,050,000 sqft: 1,620 low | high Med: 6,040 $ / sqft: $1,481 low | high Med: $174 On site: 2 low | high Med: 130 | |
Market Activity 91766
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pomona |
| Zip Code | 91766 |
| Area | 687 Pomona |
| Listing VS Median (in 91766) | |
Price: $2,399,000 low | high Med: $1,050,000 sqft: 1,620 low | high Med: 6,040 $ / sqft: $1,481 low | high Med: $174 On site: 2 low | high Med: 130 | |
 | $825,000986 E 2ndPomona, CA 91766 |