Monday, September 21, 2015

Chet's Auto on PCH Just Went Up For Sale

There is a new business for sale on PCH. For the last few years, it has been somewhat of an eye soar on PCH, never truly living up to its potential. That business is Chet's Auto, which could conveably be turned into a real gem, being situated right on the other side on LBCC West.

1520 PCH. Long Beach, CA 90813: This is an automotive use property. The list price on $1.4 million is for the land and business.  It's actually Chet's Auto: Poorly Maintained and, hopefully whoever buys it brings the place up to it's full potential. 

Don't get scared off by the neighborhood, read the Yelp Reviews to understand why the seller is so motivated.
A major reason the sales place may not be doing all that well is the signage. When looking for a mechanic, who looks for the giant teddy bear sign? The negative reviews on Yelp are not helping. They include calling their customers names, hanging up on their customers, unnecessary repairs and an inability to recognize the correct repair. The reviews alternate between one and five stars, averaging out around three.

That said, the negative reviews are really negative.

The auto repair shop is being sold for $1.4 million. Zillow does not list any information on the size of the lot or what is being sold with it. The seller simply states: 

 BRING ALL OFFERS - SELLER MOTIVATED!.

I think however, the right buyer, who recognizes the business's potential and knows how to build good customer relationships could turn it around. The business is situated between a U-Haul Station to the east and a Days In to the west. The west branch of the community college is across the street.
 

No comments:

Post a Comment