Profitable Auto Repair Business- Owner retiring after 48 years

Ocean County, NJ

Profitable Auto Repair Business- Owner retiring after 48 years
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Asking Price: $1,300,000

Cash Flow: $328,557

Gross Revenue: $1,360,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 1971

Profitable Auto Repair Business- Owner retiring after 48 years

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Business Description

Successful Auto Repair Business.

A variety of automotive repair services handled from brakes, diagnostics, and electrical system repairs, to wheel alignments, preventive maintenance, tires, tinting- all aspects of vehicle maintenance.

Also servicing diesel engine systems and hybrid vehicles.

Revenue: 90% repairs / 10% tires.

ASA and ASE-certified auto mechanics expected to stay on with new ownership.

Family owned and operated serving the community for for 48 years.
Loyal, repeat customers. The store has a list of 8,000 customers.
Excellent online reviews!

Recent improvements have been made to the business, including: new lifts and new HVAC system.

There are several large 55+ over communities in close proximity that have over 3.000 homes. The opportunity to service these customers and increase revenue is outstanding.

Property is also available for purchase with approved plans for car wash in adjacent lot.

Seller will offer buyer long term lease with option to buy every 5 years if only business is purchased.

Package/business financials available after NDA/buyer proof of funds
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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

Attached Documents


Detailed Information

Location:
Ocean County, NJ
Real Estate:
Leased
Building SF:
2
Lease Expiration:
N/A
Support & Training:
negotiable
Reason for Selling:
owner retiring and moving out of state
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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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