Business
$349,999
148 lloyd Avenue, Corona, CA
About this property
Excellent opportunity to own an established, turnkey business with a 5-star reputation and outstanding customer reviews. The business has built a loyal customer base and strong local presence, giving a new owner a solid foundation to step in and continue operations from day one. There is also plenty of room for additional growth through expanded marketing, services, and increased online exposure. Ideal for an owner-operator or entrepreneur looking to take over an established business with an excellent reputation rather than starting from scratch. Offered at $349,999. Serious inquiries only. Contact for additional information, financial details, and a private showing. Financial Overview * Gross Monthly Revenue: $50,000–$60,000 * Annual Gross Revenue: Approximately $660,000 * Net Monthly Income: Approximately $20,000 * Annual Net Income: Approximately $240,000 * Estimated EBITDA: Approximately $240,000* * Estimated EBITDA Margin: Approximately 36% Business & Facility * Vehicle Capacity: Approximately 14 cars * Building Size: Approximately 2,000 sq. ft. * Monthly Rent: $4,881 * Lease Term Remaining: Approximately 2.5 years * Property Taxes: Approximately $400–$500 per quarter Furniture, Fixtures & Equipment (FF&E) * Estimated FF&E Value: $100,000 * FF&E is included in the asking price *Estimated EBITDA is based on the reported annual net income and is subject to verification and adjustment for interest, taxes, depreciation, and amortization.
Property details
Location
148 lloyd Avenue • Corona, CA 92883
Listed by
Rima Masri · Choice of America