Services - Auto Repair, Parts & Svcs | Services - Miscellaneous Repair

$Seller Financing Available

Asking Price	$349,000	Inventory	$80,000**
Gross Income	$1,000,000	Real Estate
Cash Flow	$175,000	Year Established	1996
FF&E	$125,000*	Employees	10

* included in the asking price

** not included in the asking price

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 availablility 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, please call for further information.

Facilities: 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.

Competition: No similar competitors exist in the general area.

Growth/Expansion: With continued good service and by improving local marketing and advertising, the owner can further develop the income.

Seller Financing Available: Yes

Financing: Financing is available for a qualified purchaser

Support/Training: Seller will provide a complete due diligence review period.

Reason Selling: Relocating out of state