Asking Price: $2,500,000

We are selling the following body shop. Pete's Collision Center is located at 188 N Daisy Ave, Pasadena, CA 091107. Essentially it is a fully equipped turn-key shop and has a Grandfathered semi-down spray booth and a dedicated paint mixing room. It also has a Chief measuring system, Cellette bench, and ProSpot equipment, along with many other lifts, frame machines, and a total of 9 bays on a 7,700 sq ft lot. The owner appraised the property and the business and has an assumable $2,130,000 loan from the SBA. All the equipment has been paid off and would be included in the sale. Thus you can either buy only the shop and sign a long-term triple net lease, or assume the loan and buy both the land and the shop.