Car DealershipsNew JerseyCamden

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Six Bay Auto Garage For Sale
$175,000Cash Flow: $90,000
Six Bay Auto Garage For Sale

Camden County, NJ

It is a nice business location with lots of small business and residential area in the surrounding town. Easy entrance in and out of parking lot from major road of the town.Nice and clean parking lot with more than 20 parking space .For the customer there is a nice reception area with front desk & sitting room.This is six bay garage and well equipped mechanical shop. Owner keep up & maintain the shop up to date and Lots of equipment are only couple of the years old. They can do the work on most American and foreign car with all kind of repair like brakes ,exhaust , Tire , Alignment , engine repair...etc. Midas Franchise system have a good technology to keep the business transaction for smooth and efficient operation. Owner is not a mechanic and managing the business from the back office. For buying this business you don't need to be a Auto mechanic.Business is close on Sunday and can be add more hour with opening on Sunday for more growth. There is famous diner restaurant of town next door which is giving this business well business exposures. This "MIDAS" franchise require two week training & buyer need to pass the test. Midas Franchise do their own advertise but you can do more for local marketing.. Reason For Sale: Other Business Interest

Pre-Owned Auto Dealership
$575,000Cash Flow: $236,317Seller Financing
Pre-Owned Auto Dealership

Camden County, NJ

Auto dealership for pre-owned vehicles located in central New Jersey and in a commercial area of Camden county. The facility consists of a large modern professional office with various sections to conduct daily business transactions. The site consists of three and one-half acres with an auto capacity for approximately four hundred (400) vehicles. This dealership in addition to bank relationships, offers in house financing for all its sales which represents an additional income to the business and a substantial return on investment. The company also owns all the vehicles resulting in the highest possible profit per vehicle. The company successful markets approximately fifty vehicles monthly representing a substantial profit to the owner operator. The dealership has three auto bays on site which maintains and repairs the vehicles. All the vehicles for sale have no-haggle pricing, which makes it easier to market each sale. When you visit their business, you will appreciate their professional car dealership and low-pressure car sales approach that provides all the vehicle specs and details on cars for sale. This business has five employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $8,000. This business opportunity will offer a new commercial ten-year lease which will expire 2026-01-01, plus additional options, with a monthly rent of $8,200 triple net, cost per square foot is approximately $11.00 and rent security $10,000. The business assets have an estimated value of approximately $280,000. The sale consists of a fully equipped commercial facility, which includes, auto bays and equipment, POS software, displays, shelving, tables, computers, other 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. The business is active six days per week, with hours from 9:00 am to 6:00 pm. The sale includes a certificate of occupancy from the municipality and the required state and city licenses to conduct its day to day business. The business has been valued at $575,000 based on a multiple of the net yearly income 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. Accounts Receivables represent customer finance payments of approximately $450,000. Additionally, the company has 125 vehicles with a value of $450,000. 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 solid investment return to the owner operator prior to debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.


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