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Well Established Auto Repair Shop with Real Estate

Middlesex County, NJ

Seller Financing Available
Well Established Auto Repair Shop with Real Estate
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Asking Price: $575,000

Cash Flow: $15,000

Gross Revenue: $327,000

EBITDA: $225,000

FF&E: $20,000

Inventory: $3,000

Real Estate: $300,000

Established: 1986

Well Established Auto Repair Shop with Real Estate

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Business Description

Auto Repair Shop with Long History of Success Available for Purchase

Over Thirty years at the same location. Owner is ready to retire from this well known and highly respected auto repair business. 2200 sq ft building sitting on a corner lot in Middlesex County, NJ. Sale includes the land , building equipment and good will. Priced to sell, the owner is seeking a qualified buyer and is willing to stay for whatever time is needed to assure a smooth transition. This is a great business with the potential to grow even more as the current owner is spending very little in advertising. Potential buyers will be provided with an NDA before disclosing any further information .

Detailed Information

Location:
Middlesex County, NJ
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,200
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Building is in great condition , with 2 Bays with 2 lifts , 20,000 worth of equipment all in excellent condition. Plenty of parking, located on a corner lot on the main street into the town.
Competition:
There are other shops in the area but none with this owners reputation .
Growth & Expansion:
Money spent on advertising would be the first step, as next to nothing is being spent at this time.
Financing:
To qualified buyer
Support & Training:
Owner will stay the as long as needed , within reason. Wants the new owner to have a smooth transition and to have every chance to continue the success and reputation of this business.
Reason for Selling:
Over thirty years in the same business at the same location. Time to retire
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Marianne Strahl

Business Listed By:
Jack Fisk

New Jersey Realty, LLC

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