Auto Repair and Tire Sales
AUTO REPAIR AND TIRE SALES---EXCELLENT LOCATION
Full service auto and tire center business, with $750,000 to $775,000 in annual sales. This facility has been in existence for 50 years, with the present owners operating it for over 30 years. This business is located on a well- traveled county road just a few hundred yards away from the main entrance to one of NJ's largest companies. Building on the existing profitability would be easy for an ambitious person, due to the fact that various auto services such as heavy engine or transmission work are not performed. The annual sales DON’T include any customizing work, stereo and security systems, remote starts, or any other add-on devices. There is obviously great room for expansion into these areas if desired! We have a considerable customer base due to the unique location and years in business. We have an excellent reputation for honest work, superior customer service, name brand products, and competitive prices. We have a consistent flow of business and have very little advertising costs! This facility is also unique due to the fact that a separate car wash/detail center and separate used car sales business also exist at this location. These operations complement each other and truly make this a full service center. The business has 2 service bays with lifts, as well as an outside service area. All equipment is included in the sale with items such as portable lift, hydraulic jacks , 2 tire machines, wheel balancer, diagnostic scanners, brake lathe machine, various tools and all office equipment. The building is approximately 1500 sq. ft. with 2 offices, 2 baths, (1 Handicap accessible), and storage. THIS SALE IS FOR BUSINESS AND EQUIPMENT. PROPERTY MAY BE AVAILABLE.* WITH PROPERTY PURCHASE, THE RENTS COULD EXCEED $10,000.00 ! Owner would stay on for a considerable time in order for a smooth transition! Call 732-547-5528
Union County, NJ
Corner location with 2 side access includes 3 islands and canopy; 4 grades including regular, super, plus and diesel, pumping over 65,000 gallons per month with an average pool margin of 25 cents; 10 operating dispensers, 4-10,000 gallon tanks in ground; cigarettes, ATM, vacuum and air machine net $2,300 per month average; gas sales $1,642,500, convenience sales $365,000; owner operator can replace 1 full time employee and add at least $25,000 to bottom line $30,000 security deposit with leasing company.
Gas Station w/ C-Store & Lotto
Union County, NJ
Profitable gas station & very active Convenience Store located on an active county road in Union County, New Jersey. The business gross yearly fuel sales consist of $142,000, from the convenience store, $175,000 gross income, Lotto Commission $24,000 and $19,600 net from ATM and air supply. The business fuel sales are approximately 650,000 gallons yearly at an average pool margin of $.22 centers per gallon. The business has a consistent net yearly income of $123,000 to the owner operator. The fuel station facility shares the C-Store with an active Dunkin Donuts franchise which attracts a huge volume of shoppers. The business offers all fuels including diesel at a substantial profit margin. The sale consists of a fully equipped commercial retail store, which includes refrigeration & freezer units, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has four employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $8,000. The business has an assignable commercial lease which expires 2033-01-01 plus additional options, with a monthly rent of $5,500 and rent security $18,000. The business facility which consists of 1,440 square feet has a capacity for approximately fifteen customers. The facility has appropriate private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 5:00 am to 11:00 pm. The sale includes a certificate of occupancy from the particular municipality, NJ State Lotto approval and the required city food licenses to conduct its day to day business. 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 substantial investment return to the owner operator prior to debt service. The 2015 yearly gross income is $374,600 and the business has a yearly net income of $109,000 based on an owner operator and prior to debt service. The business has been valued at $325,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.