Major Tire Franchise Auto Repair w/ Property- Approved Car Wash Plans

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Prime commercial real estate- low taxes.
Asking Price:
$2,400,000

Gross Revenue:
$1,360,300
Cash Flow:
$411,894
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$1,100,000
included in asking price

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Business Description

Major Tire Franchise Auto Repair and Property with "shovel ready" plans for adjacent car wash.

This family owned and operated business has been the premier automotive service and tire company in the area for 48 years.

Revenue: 90% repairs / 10% tires.

The store has a list of 8,000 customers

ASA and ASE-certified auto mechanics expected to stay on with new ownership.

A variety of automotive repair services handled from brakes, diagnostics, and electrical system repairs, to wheel alignments, preventive maintenance, tires, tinting- all aspects of vehicle maintenance.

Also servicing diesel engine systems and hybrid vehicles.

Recent improvements have been made to the business, including: new lifts and new HVAC system.

There are several large 55+ over communities in close proximity that have over 3.000 homes. The opportunity to service these customers and increase revenue is outstanding.

Prime commercial real estate is included in sale price. LOW property taxes.

All approvals and plans are in place to build more bays and a car wash.

Seller will offer buyer long term lease with option to buy every 5 years if only business is purchased.

Package/business financials available after NDA/buyer proof of funds
******************************************************
We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or call us: mike@njbrokerplus.com - 201-745-3976

About the Business

Location:
Ocean County, New Jersey
Year Established:
1971
Real Estate:
Owned
Growth & Expansion:
Extending hours into the evening and opening on Sunday would increase sales immediately. . The opportunity to service the adult communities in the surrounding area is outstanding.
Contact the Seller

About the Sale

Reason For Selling:
retiring and moving out of state
Training/Support:
2-3 weeks with the new buyer and seller is willing to be retained as a consultant for an extended period of time.

Listing Info

ID:
1629905
Ad Detail Views:
0

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Business Listed by

John Ratkoski

NJ Brokers Plus LLC.

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Sponsoring Broker:

Mike Janis
NJ Brokers Plus LLC.


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