Auto Repair and Tire Sales
AUTO REPAIR AND TIRE SALES---EXCELLENT LOCATION
Full service auto and tire center business, with over $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 and bumper jack, 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
Independent Gas Station w/ C-Store
Union County, NJ
Independent Gas Station and C-Store with the real estate, located in Northern New Jersey on US State Highway 1 & 9, in Union County and in the Elizabeth / Linden area. The business has gross sales of 1,250,000 gallons yearly which includes gas and diesel. The business assets have an estimated value of approximately $550,000 which consists of a fully equipped commercial gas station and retail C-Store, including, four fuel pumps, three underground tanks, displays, shelving, POS system, canopy, two islands, four fuel pumps, 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 two employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $3,400. This sale transaction will not include a lease, the property is included in the sale. The business consists of a free stranding facility with two islands, four pumps with a capacity for ten vehicles at one time. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active seven days per week, with hours from 6:00 am to 10:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state or city 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 consistent investment return to the owner operator prior to debt service. The 2015 yearly gross income is $212,000 and the business has a yearly net income of approximately $110,000 based on an owner operator and prior to debt service. This business transaction has been valued at $1,300,000 based on a multiple of the net yearly income, real estate value of approximately $650,000 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 does Not represent this particular business opportunity.