Seller Financing Available

Asking Price:

$450,000

Gross Income:

$650,000

Cash Flow:

$250,000

EBITDA:

N/A

FF&E:

included *

Inventory:

N/A

Real Estate:

N/A

Year Established:

1983

Employees:

4

Business Types:

Auto Repair, Parts & Services
Miscellaneous Repair Services

* included in the asking price

Business Description

. They did better business in the year of 2009 remarkably .
Recession proof.
Highly recommendable for the strong cash flow.
Buyer should move fast to possess this one.
Instead of purchasing new car, pleople fix and use it more
nowadays. So this business has been steady, even bad
weather brings great sales. Has been set up 26 years around
town, buyer is getting nice 2 tow truck, one is flat bed.
Authorized Insurance Photo Inspection station and Police tow
for 4 towns at Busy Metropolitan Bergen county.
Recognized by All Insurance Companies. High margin will take
back your investment within 2 years, which is hard to find
around here.
Financially ready and experienced buyer will be appreciated
not to waste time.
For appointment, please email Brokerleo@hotmail.com

Detailed Information

Facilities:

Size is around 10000sf. Very very low rent $6314 with 11 years renewable lease. Tax included also.

Competition:

It has 4 authorized police towing contract. Englewood, Bergenfield , Dumon, Cresskill.. $150 each car, and gets really busy during snow season.

Growth/Expansion:

There will be no more license issued for this business from the town. Possible to sell police impounded cars after expiration date.

Financing:

$125000 is possible if buyer is qualified.

Support/Training:

Seller will support buyer for smooth transition.

Reason Selling:

Family moving out of state.