Prestigious body shop in Los Angeles location! Location! Location! Remodeled…
This location was Converted to a franchise Auto Collision and repair place a year and a half ago. First year Gross income over $800,000 and Net Income $239,000. the location is approx.+/- 7,831 sq.ft. with Rent @ $8,500/m. Lease is 10 years and the franchise agreement is 8.5 years. There are 2 paint booth, one booth is brand new the other all the mechanical and electrical wires are brand new but the shell of the paint booth is relatively aged. Payroll is $10,000/m. To qualify for this Franchise, no Automotive Experience necessary. $300,000 + net worth, @least $140,000 + liquid cash Franchise Royalty is 9%.
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