Business for Sale Overview:
Established, turn key, fully equipped, Auto Repair & Towing Business For Sale. Also included in the sale is a Used Car Sales License and also a U-Haul Rental Business. 4 Businesses All For One Great Price! Business has been a family owned and operated business for 18 years. Busy Highway location in Morris County, NJ community makes this business a great one to own. Current owners are retiring and all the goodwill and hard work that has built this business into a well known Auto Repair Service Center can be purchased for less than the price it would cost for you to purchase all of the specialized equipment that comes with this great buy.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business operates out of a 2,500 Square Feet Commercial Building which is leased for a very reasonable rent from the Landlord. The Real Estate is not for sale. The business is located on busy Route 23 in Morris County, NJ and has ample parking available for the business’s use. The business includes much specialized equipment which is necessary to handle the many different serves that this auto repair center provides. There is an front desk/waiting area, office and 6 Bay Garage. The business still has room for growth since current business operating hours are Monday – Friday 8 AM – 5 PM. A new owner can greatly expand the auto service business by extending opening hours into Saturday, since many people work Monday through Friday their only opportunity to have their car or truck repaired would be on a weekend. The Used Car Sales business could also greatly be expanded by an increase in hours and more advertising. The Towing business is included in the sale or is available to be purchased separately, since this business which includes 3 Tow Trucks and Towing Contracts in place has great value, but could be sold off as a separate business. The U-Haul Truck Rental Center is another area that with some additional advertising could be expanded. A few more business hours will produce a good return.
Market Competition and Expansion:
Competition is everywhere now a days, but if you have a good reputation and do a good job for your customers, they will come back to have you service their vehicles again and again. This business has been located here for 18 years so it is a very solid neighborhood business and will be easy to take over and further expand it’s customer base with opening a few more hours per week. The auto industry although it is experiencing some problems with the price of gas these days, is strong because people still need to have a vehicle to drive to and from work and everyone knows that a reliable mechanic is a very important person to know. This is a great opportunity to buy not only 1, but 4 very established businesses all in one purchase and for a very reasonable price.
Reason for Selling:
retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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