Popular Auto Repair-Large Client Base

Not Disclosed, NJ
Union County

Asking Price: Annual Revenue:
$99,000 $329,695

Automotive & Boats: Auto & Truck Repair & Service

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RE: Popular Auto Repair-Large Client Base Broker: Louis Falzarano

Quick Facts

Asking Price: $99,000
Annual Revenue: $329,695
Net Profit: Not Disclosed
Cash Flow: $60,969
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1950
Employees: 2
BBN Listing #: 44584955
Broker Reference #: 3401-17600

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Business Overview:

Auto Repairs and Service since 1950

Local business in town for auto repair and maintenance has many dedicated customers over the course of 60 years. Business operates in 4,000 square feet leased space with 7 bays and 5 lifts on a busy road and also has parking in front of building.

Great for existing repair place to expand or for a mechanic getting his own shop. Must see it to appreciate it. Seller will stay on to insure a smooth and orderly transition.

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Property Features and Assets:

Free standing with over 4,000 square feet. Rent is $5,000 per month and landlord will sign a new 5 year lease. Potential to renew the lease or purchase the property after initial term. Assets = $38,180.

Market Competition and Expansion:

No competition in the area. Large growth potential. There is room for large growth potential by advertising, website, adding more employees.

Reason for Selling:

Owner wants to retire.

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.

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