Northern NJ Auto Repair Shop- Established 47 years

NJ

Seller Financing Available
Northern NJ Auto Repair Shop- Established 47 years
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Asking Price: $550,000

Cash Flow: $204,836

Gross Revenue: $688,845

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1971

Northern NJ Auto Repair Shop- Established 47 years

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Business Description

Now open 5 weekdays. Opening Sat & Sun would increase sales immediately!

One of a kind opportunity to purchase a high volume profitable auto repair business with loyal client base of over 2,700 customers including fleet accounts.

Owner is retiring after 47 successful years in business (35 years at current location).

The community is growing rapidly. There are 500-800 new apartment units in the area with more being approved. These are all potentially new customers with vehicles who could be reached with an advertising campaign.

Prime location in a highly desirable town near transportation to NYC.

The shop is currently open 5 days/ week. Opening on Saturdays and Sundays would increase annual sales.

All equipment needed for auto repairs are updated and functional to the garage.
10 bays, 5 lifts and 1 drive on rack lift.

Employees are expected to stay on with new ownership.

The Real Estate is listed separately for a sale price of $1.4M. There are no similar buildings available in this booming, affluent town.
Real Estate info: Lot size- 60x 125 ( 9,200 sq ft).
Building is 4,600 square ft.

There is also an adjacent 2 family house available to purchase separately @ $550k

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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or call us: mike@njbrokerplus.com - 201-745-3976

Detailed Information

Employees:
5
Facilities:
The Real Estate is listed separately for a sale price of $1.4M. There are no similar buildings available in this town. There are 500-800 apartment units in the area with more being approved. All potentially new customers!
Growth & Expansion:
The business has tremendous growth potential for someone that wants to invest in advertising (very little currently being done) and open the shop on weekends. The business is currently open 5 days/ week. Opening on Saturday and Sunday would increase sales. There is a website now but no money invested in web advertising (SEO / Social Media).
Support & Training:
two weeks / negotiable
Reason for Selling:
retirement
Contact Seller

Contact the Seller

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Mike Janis

Business Listed By:
Michael Janis

NJ Brokers Plus LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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