Terrific Auto Repair Business with Gas

Essex County, NJ

Seller Financing Available
Terrific Auto Repair Business with Gas
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Asking Price: $250,000

Cash Flow: $120,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $1.92 /Month

Established: 2006

Terrific Auto Repair Business with Gas

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Business Description

This is a terrific auto repair business with a gas station. Located in middle class suburban Essex county, it is across the street from a strip mall with a supermarket, thus it is in the immediate vicinity of a steady traffic flow. The gas station is pumping approximately 65,000 gallons of gas per month, and both the gas and the auto repair are generating approximately $120,000 in cash flow to the owner. Another benefit is that the auto repair business has on ongoing relationship with a used car dealer, thereby providing a steady flow of business. Total auto repair revenue in 2017 was $360,000, with similar results anticipated for 2018

The reduced price of $250,000 includes all equipment and tools; gas in the tanks is dollar for dollar additional on day of closing. This is an excellent opportunity for an existing operator or someone new to the business who wants to get into a profitable situation. Only responses that include a working telephone number will be responded to. A non disclosure agreement will be required from all prospective buyers.

Detailed Information

Location:
Essex County, NJ
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Clean and well lit in safe area on major well traveled thoroughfare. Rent of $11,600 per month includes local property taxes. Landlord will grant a 10 year lease to buyer of business.
Competition:
Competitive
Growth & Expansion:
Auto repair business can be expanded with more local advertising and optimized website.
Financing:
Seller will provide 50% financing
Support & Training:
Yes for reasonable period of time
Reason for Selling:
Pursue other interests
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Brad Palmer

Business Listed By:
Brad Palmer

Crown Business Brokers LLC

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