E.T.Y. Parts, Inc.
E.T.Y. Parts, Inc., a family business since 1980, decided to close its famous well-known auto parts store located on Colorado Boulevard, Eagle Rock. Looking forward towards retirement, the family decided it was time to liquid its auto store parts operation and sell its commercial retail property. To help accomplish this task, they needed the help and expertise of a commercial real estate broker familiar with the Eagle Rock area. They preferred a knowledgeable broker that is easy to work with, firm enough to deal with prospective buyers, and maintain the family’s best interest at heart. At the same time, they looked forward to selling the property to a financially qualified buyer, who would continue its entrepreneurial business legacy, investing in Eagle Rock business community.
What We Did
We helped E.T.Y Parts, Inc. sell its 5,138 square foot retail commercial property. We facilitated and managed the entire sales process, from seller’s initial needs assessment to property site evaluation to contract execution. Engaged in multiple offers from competitive buyers. Achieved the highest sales value above list price. Reduced stress levels during and after contract negotiations. Secured a financially strong buyer that envisioned its business flourishing. Managed and removed all contingency terms on a timely matter. Closed escrow within a 60-day period. Arranged for buyer’s occupancy during seller’s close of business.
Services We Provided
We were able sell the property quickly, moving the seller towards their retirement goal. We were highly visible and approachable. Did not end up over-promising and under-delivering but stayed transparent throughout the entire sales process.
2118 Colorado Blvd.
Los Angeles, CA 90041
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