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Businesses For Sale > Business For Sale in Sussex County, New Jersey (NJ)

Auto Tire & Repair & w/ Property for sale in Sussex County, NJ

Sussex County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 1,125,000 $ 1,120,000 $ 190,000

Furniture and Fixtures Value:
$ 345,000 (included in the asking price)

Inventory Value:
$ 20,000 (included in the asking price)

Real Estate:
(included in the asking price)

Business Summary:
Thirty year young Tire and auto business with Real Estate on an active state highway of Sussex County Northern, New Jersey. The business has been providing Sussex County NJ quality tires, car repairs and maintenance service since 1983! They offer expert full maintenance service for all styles of automobiles. The business provides emergency road- side service and towing for vehicles within a 30 mile radius of their location! The business production consists of (60%) sixty percent Tire sales and (40%) forty percent general auto repairs. This six day operation has five employees who are fully trained and experienced in the auto industry. The sale includes the business and the real estate which also has two rental incomes of $17,340 yearly. The sale includes multiple auto lifts; various tire machines, valuable hand equipment, one Truck, POS computer system, numerous displays, etc representing a substantial value. The building has a capacity for multiple vehicles and consists of a 6,000 sq. ft free standing building. The property can accommodate a large volume of vehicles. The business is active six days per week, (Sunday), hours 8:00 am to 5:00 pm. The business has a municipal certificate of occupancy to conduct auto business. The staffing is unaware of the pending sale and is expected to remain post closing. The seller is retiring due to illness after many years in the industry and has priced the sale aggressively with owner financing. This is a solid opportunity which will offer a wonderful life style to the new operator.

 

   
Year Business was Established: 1983
   
Number of Employees: 7  
   
Facilities / Terms of Lease: The facility is on one half acre and consists of 6,000 square feet with an indoor capacity for multiple vehicles. The business has separate professional work areas in order to accommodate various work tasks. The business has a clean professional image to the customers it serves.  
   
Potential Growth/Expansion: The business can be further developed with an upgraded advertising & marketing plan.  
   
Competition: No other retail tire auto businesses are near this location and the owner has no specific competitors in the general area. Seller will supply a non compete agreement to purchaser.  
   
Owner willing to finance: Seller financing is available to qualified buyers.  
   
Owner willing to train: Seller will supply a full transitional period and will remain post closing for sixty days.  
   
Reason for selling: Retiring after many successful years in this particular industry.  
   
Seller Reference Number: AUTO145
BusinessMart.com Listing Number: 115721
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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