Business for Sale Overview:
A well known Auto Parts, Accessories and Auto performance center located on a busy, commercial avenue of Hudson County, New Jersey. The business primarily sells tires, rims, wheels and specialized performance accessories to the general public. The company is long established and is a well known parts provider in the Auto Industry. The business also offers full service auto repairs with a substantial markup for the current owner. Tire & Rim sales account for 60% of the business, general auto repairs account for 30% and the remaining amount is generated from miscellaneous retail sales. This business has produced high volume sales over $900,000 and is expected to produce over $1,000,000 for 2009. The seller will verify a minimum yearly net income of $175,000. This is a super opportunity with a stable income and availability for additional expansion. The present owner does not do any of the parts repairs because he has a full repair staff who will remain after transition. A most lucrative opportunity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Large facility is located on a commercial avenue and consists of 6,000 square feet. Business lease includes a storefront with a retail showroom and repair garage with 3 lifts. An existing lease is available for the new owner with an additional 5 year option and moderate rent payments. The monthly rent is approximately $3,780.
Market Competition and Expansion:
No similar competitors exist in the general area. With continued good service and by improving local marketing and advertising, the owner can further develop the income.
Reason for Selling:
Relocating out of state
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.