Business For Sale

Retail Tire Sales & Auto Repair

Not Disclosed, NJ
Union County


Asking Price: Annual Revenue:
$25,000 $663,703

Automotive & Boats: Auto & Truck Repair & Service


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RE: Retail Tire Sales & Auto Repair Broker: Ron Cervelli

Quick Facts

Asking Price: $25,000
Annual Revenue: $663,703
Net Profit: Not Disclosed
Cash Flow: $85,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 59993909
Broker Reference #: AUTO256

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Business Overview:

Successful Tire sales & Auto repair company with a gross income of $663,703, plus discretionary income, and a net yearly income of $85,000. The company has an excellent location on a highly active state highway in Northern New Jersey. This twenty-year-old company has a substantial client base of dependable clients. The business income represents 50% tire sales and 50% general auto repairs. This company has six full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, and the monthly payroll is approximately $14,500. This business transaction will have a commercial lease which expires 2028-01-01 plus additional 10-year option, with a monthly rent of $3,000, and rent security of approximately $6,000. The business fixed assets has an estimated value of approximately $125,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped commercial retail auto repair shop. This successful auto tire business operation is active six days per week, with hours from 8:00 am to 5:00 pm. The 2017 yearly gross income is $663,703 plus discretionary income, and the business has a yearly net income of approximately $85,000 based on an onsite owner operator and prior to any debt service. This company is presently closed due to owners’ stroke and the price has been reduced to an asset sale of equipment and rental of location. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 30% investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo does Not represent this particular business opportunity.

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Property Features and Assets:

The facility consists of four auto bay garages, a private office and storage areas which consist of 2,000 square feet and has a professional appearance. The business is in a free-standing property with various other active and successful businesses. This opportunity is in Northern New Jersey, Union County, which consists of various highly populated communities with continued demand for this service.

Market Competition and Expansion:

Competitors presently exist in the industry and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

The sale is due to the owner’s relocation.

Additional Details:

  • The property is leased.
  • The owner is not 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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