Commercial Brake Parts & Machine Shop

Business Overview:

This heavy duty truck brake parts and machine shop specializes in brakes and machining primarily for the heavy duty trucking industry but also for elevators, cranes and industrial equipment that have braking systems. Yearly sales approx. $375,000. Inventory currently $300,000 with roughly $150,000 obsolete as industry moves to newer braking systems. Fully equipped and functioning shop with $50,000 FFE (included). Sellers are retiring and looking to sell the building and business together.Located in the city of Vernon and centrally located to the entire Los Angeles basin, the company operates in two adjacent and intertwined properties combining for 8,708 sq ft of usable warehouse and shop space on 13,068 sq ft of land with ten parking spaces.At approximately 5,496 sq ft, building #1 is primarily used as warehouse and office space. The inside features a rack system which provides ample storage, 16 foot ceiling heights, approximately 450 sq ft of well-maintained office space as well as three bathrooms, one of which has a shower. A large freight door opens to the private, central driveway and provides access to the shop in the adjacent property.Building #2 is roughly 3,212 sq ft and is the shop portion of the property. The space features two large freight doors, has two bathrooms and ample shop space. It also has ceiling heights of 16 feet.The properties are being offered for a price of $2,095,000. Additionally, the business is being offered for sale for $140,000. For additional information, please contact Frank Costa at frank.costa@sunbeltnetwork.com or by phone at (818) 653-3480. Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Pasadena or its agents have not verified the information and makes no representations as to its accuracy or reliability.

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Property Features and Assets:

2 Buildings on a 13,068 SQ FT property

Reason for Selling:

Retirement

Additional Details:

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