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909 S Glendora Avenue

West Covina, CA 91790
  • $5,500,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: WS22219425
Price Reduced
UPDATED: 61 min ago
$5,500,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Justin Chu of Kw Executive (626-872-2207)


Description

An exclusive opportunity to purchase a 20+ year Staple in the industry. Shining Star Enterprises has monopolized the industry for high-quality RF/ Microwave Coaxial Connectors and interfaces. The business is known for being able to both manufacture and offer high-quality, reliable parts, and beating its competitors' pricing and shipment times. A RARE opportunity to take a recession-proof wholesale/distribution business to the next level by implementing an E-Commerce component for a business that has never utilized it. *The sale of the building/property is contingent on the sale of the Shining Star Enterprises (wholesale/distribution business). The business is currently occupying the building/property and will not be sold first. If the business is bought without the building/property then the new Buyer of the business can lease the building/property at market rate and terms. The Real Estate/Property is offered at $1,200,000 which is a separate value from the business purchase.Please contact Listing Agent, Justin Chu, for any questions.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-27T10:26:10.483. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/133825757
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909 S Glendora Avenue West Covina, CA 91790

  • Price: $5,500,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 61 min ago
  • MLS #: WS22219425
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1954
Built
Neighborhood:
669 - West Covina
County:
Los Angeles
Area:
669 - West Covina
Property Description
An exclusive opportunity to purchase a 20+ year Staple in the industry. Shining Star Enterprises has monopolized the industry for high-quality RF/ Microwave Coaxial Connectors and interfaces. The business is known for being able to both manufacture and offer high-quality, reliable parts, and beating its competitors' pricing and shipment times. A RARE opportunity to take a recession-proof wholesale/distribution business to the next level by implementing an E-Commerce component for a business that has never utilized it. *The sale of the building/property is contingent on the sale of the Shining Star Enterprises (wholesale/distribution business). The business is currently occupying the building/property and will not be sold first. If the business is bought without the building/property then the new Buyer of the business can lease the building/property at market rate and terms. The Real Estate/Property is offered at $1,200,000 which is a separate value from the business purchase.Please contact Listing Agent, Justin Chu, for any questions.
Exterior Features

Sign On Property YN No

Interior Features

Building Features Phone SystemRecreation RoomTv System

Property Features

Additional Parcels YN No Building Name Shining Star Enterprises Business Name Shining Start Enterprises Business Type Wholesale Leasable Area 2969 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashCash To New LoanConventionalGovernment LoanSubmit Operating Expense 548743 Total Actual Rent 48000



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-27T10:26:10.483. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Listing Agent(s): Justin Chu of Kw Executive (626-872-2207)