Business Summary:
The current owner took over the family business in 1968, making it a 3rd generation business, a virtual landmark, with name and reputation recognition. This very successful Monmouth County business is in an area that has grown from a rural farm area to a heavily populated location, surrounded by housing developments, condos, businesses of all kinds, shopping malls (including Walmart/Sam's Club), restaurants, a hospital, many medical buildings and a very busy roadway, on which this business has 237' of frontage and 1.38 acres. In spite of the current economy, this area continues to experience explosive growth. 25% of revenues comes from various municipal agencies and schools. Much of the 1.38 acres is currently underutilized, offering significant growth opportunities by adding complimentary services and products or renting the excess space, possibly to Enterprise Auto Rental as one example. Owner is advanced in age and lacks the energy to expand. He wishes to retire.
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