Shop Floor with Equipment and Office Space

Not Disclosed, CA


Asking Price: Annual Revenue:
$389,000 Not Disclosed

Services: Non-classifiable


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RE: Shop Floor with Equipment and Office Space Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $389,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $604,288
Real Estate: Not Disclosed
Year Established: 1993
Employees: 7
BBN Listing #: 1206931
Broker Reference #: 10225

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Business Overview:

Price Reduced! Ideal opportunity for property developers. This asset sale and sublease are available with an extensive equipment list originally used for the design and fabrication of trade show "environments" and retail store fixtures. Flexible mixed-use industrial fabrication/warehouse/office. Temperature controlled throughout and centrally located in Point Richmond: Safe area with easy freeway access to East Bay, North Bay, and San Francisco. Other facility highlights include 24’ high ceilings, extensive 3-phase electric wiring (240 – 440 amps.), dust filter and ducting, two mezzanines, R-30 insulated, high bay lighting, fenced off-street parking, and covered dock.
Lease is $10,668/mo. NNN: About $2748/mo. Security deposit: $18,360. Two years remaining on the current lease. Possible new lease with landlord approval. Facilities breakdown:
- 2,800 sq. ft. Office / 10 office stations / 1 reception area with counter and guest seating / 1 conference room (10 People) / 1 computer room / 1 General Assembly Room / 1 kitchenette / 1 office storage room / 2 Restrooms
- 4,650 sq. ft. Mezzanine Stair and forklift accessible
- 12,250 sq. ft. Shop / Central compressed air / 240 – 440 3 phase power / R-30 insulated / Gas Heat / 24’ ceilings / 3 doors dock high / 1 door drive in / covered loading dock 80’ x 10’ / employee breakroom.
As a bonus, the company has outstanding quotes and proposals for up to $8M, which are currently on hold due to the pandemic. A good number of these opportunities are with well-known entities throughout the Bay Area and the state. The seller is willing to stay on in some capacity.
10225

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Property Features and Assets:

The current lease expires 12/31/2023, A new lease is available, Rent $10,668 + 2,748 NNN, 15458 square feet. Hours Monday thru Friday 6 am to 5 pm.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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