Northern NJ Auto Repair Shop- Established 47 years

Contact Seller
Asking Price:
$495,000

Gross Revenue:
$688,845
Cash Flow:
$204,836
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

One of a kind opportunity to purchase a high volume profitable auto repair business with loyal client base of over 2,700 customers including fleet accounts.

Owner is retiring after 47 successful years in business (35 years at current location).

The community is growing rapidly. There are 500-800 new apartment units in the area with more being approved. These are all potentially new customers with vehicles who could be reached with an advertising campaign.

Prime location in a highly desirable town near transportation to NYC.

The shop is currently open 5 days/ week. Opening on Saturdays and Sundays would increase annual sales.

All equipment needed for auto repairs are updated and functional to the garage.
10 bays, 5 lifts and 1 drive on rack lift.

Employees are expected to stay on with new ownership.

The Real Estate is listed separately for a sale price of $1.4M. There are no similar buildings available in this booming, affluent town.
Real Estate info: Lot size- 60x 125 ( 9,200 sq ft).
Building is 4,600 square ft.

There is also an adjacent 2 family house available to purchase separately @ $550k

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:
New Jersey
Year Established:
1971
Number of Employees:
5
Facilities:
The Real Estate is listed separately for a sale price of $1.4M. There are no similar buildings available in this town. There are 500-800 apartment units in the area with more being approved. All potentially new customers!
Growth & Expansion:
The business has tremendous growth potential for someone that wants to invest in advertising (very little currently being done) and open the shop on weekends. The business is currently open 5 days/ week. Opening on Saturday and Sunday would increase sales. There is a website now but no money invested in web advertising (SEO / Social Media).
Contact the Seller

About the Sale

Reason For Selling:
retirement
Training/Support:
two weeks / negotiable

Listing Info

ID:
1594704
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Mike Janis

NJ Brokers Plus LLC.

 Show Phone Number

View My 71 Active Listings

Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.