Commercial Property — 840 E 2nd, Pomona, CA
$2,399,000
840 E 2nd, Pomona, CA
About this property
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 details
Location
840 E 2nd • Pomona, CA 91766
Listed by
Rocio Barrera · Fortune RE and Investment, Inc
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