Profitable Auto Repair Business- Owner retiring after 48 years

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Asking Price:
$1,300,000

Gross Revenue:
$1,360,000
Cash Flow:
$328,557
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Successful Auto Repair Business.

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.

Revenue: 90% repairs / 10% tires.

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

Family owned and operated serving the community for for 48 years.
Loyal, repeat customers. The store has a list of 8,000 customers.
Excellent online reviews!

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.

Property is also available for purchase with approved plans for car wash in adjacent lot.

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
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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:
Leased
Building Sq. Ft.:
2
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About the Sale

Reason For Selling:
owner retiring and moving out of state
Training/Support:
negotiable

Listing Info

ID:
1645465
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Non Disclosure Agreement NJBroke... (172 KB)
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Business Listed by

Mike Janis

NJ Brokers Plus LLC.

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