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- RE: 50 Yrs. Prime Auto Service Location
- Contact: Kevin Laguardia
Quick Facts
| Asking Price: | $424,400 | |
| Annual Revenue: | $796,543 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $139,126 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $14,620 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1975 | |
| Employees: | 2 | |
| BBN Listing #: | 1002027 | |
| Broker Reference #: | 3407-19177 |
Business Overview:
For more than four decades, this Auto Service in Bergen County has been a proud andreliable part of the local community, delivering exceptional automotive care with integrity,expertise, and a personal touch. Established with a commitment to honest service andtechnical excellence, this Auto Service has grown into a cornerstone of trust for generationsof customers.Currently, the shop operates four days a week, closing on weekends, which reflects itsdedication to both quality service and work-life balance for its team. Despite this limitedschedule, this Auto Service shop consistently meets the needs of its customers andmaintains a strong reputation in the area. The business also has the capacity and potentialto increase revenues, should it choose to expand its operating hours or optimize its servicesfurther.As the auto repair industry has evolved—with vehicles becoming more complex andtechnology-driven—this shop has consistently kept pace. From routine maintenance toadvanced diagnostics, the shop has invested in equipment and training to ensure everyvehicle is serviced to the highest standards.What sets this auto service shop apart is not just its technical capability, but its customer-firstphilosophy. The team has built lasting relationships through transparent communication, fairpricing, and a genuine dedication to doing the job right the first time. This approach hasearned the loyalty of countless families and businesses throughout the years.In an industry where independent, family-owned shops are the backbone of serviceexcellence, this Auto Service stands out as a model of resilience and quality. With theaverage car now lasting over 12 years, the need for trusted repair professionals has neverbeen greater—and this Auto shop has been there every step of the way.As the business enters a new chapter, its legacy of craftsmanship, community connection,and customer care continues to inspire. This auto shop isn’t just a repair shop—it’s a part ofthe neighborhood’s story.
Contact the Seller:
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Property Features and Assets:
This well-maintained two-bay auto service shop offers an exceptional opportunity for growthand expansion. Situated on a high-traffic road in Bergen County, the property benefitsfrom excellent visibility and easy access, making it ideal for attracting both local and drive-bycustomers.The shop features ample parking and sits on an oversized lot, providing plenty of room forfuture additional services. Whether you're looking to expand operations by diversifyofferings, the space is ready to support your vision.Currently operating under a favorable lease, the property also comes with a supportive and flexible landlord who is open to extending lease terms—adding stability and long-termpotential for the next owner.With its strategic location, generous lot size, and strong lease conditions, this propertypresents a rare chance to build on a solid foundation and take advantage of the growingdemand for auto services in the area.
Assets: $15,620
Market Competition and Expansion:
Industry-Wide Competition TrendsAccording to national and regional industry reports:Independent garages dominate with ~32% market share, offering flexible pricing and personalized service.Franchise chains (e.g., Jiffy Lube, Firestone) hold smaller shares (~5% each) but benefit from brand recognition and extended hours.OEM-authorized centers cater to premium customers with factory-trained technicians and genuine parts.
Key competitive factors:High-margin services: Diagnostics, brake jobs, wheel alignments, and bundled maintenance packages.Customer loyalty: Driven by transparency, communication, and warranty fulfillment.Technology investment: Shops that adopt advanced diagnostics and EV servicing capabilities gain an edge.Online presence: Yelp, Google reviews, and social media play a major role in customer acquisition.Opportunities for New EntrantsDespite the competition, there is room for growth, especially for shops that:Offer specialized services (e.g., EVs, hybrids, ADAS calibration).Provide exceptional customer service and build local trust.Leverage digital tools for scheduling, marketing, and customer engagement.Utilize oversized lots for expansion into tire sales, detailing, or fleet services.
This two-bay auto service shop, located on a busy road in Bergen County with ample parking and a favorable lease, is well-positioned for expansion.The broader auto repair industry is forecast to grow at a compound annual rate of 4.6% through 2028, driven by rising consumer demand, agingvehicles, and increasing complexity in automotive technology.
Key Growth Drivers1. Location Advantage2. Operational Expansion3. Digital Marketing & Online Presence4. Industry Trends Supporting Growth5. Customer Loyalty & Reputation
Reason for Selling:
The owner is officially retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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