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

Auto Parts, Accessories & Auto Performance Center for sale in Hudson County, NJ

Hudson County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 349,000 $ 1,000,000 $ 175,000

Furniture and Fixtures Value:
$ 125,000 (included in the asking price)

Inventory Value:
$ 80,000 (not included in the asking price)

Business Summary:
A well known Auto Parts, Accessories and Auto performance center located on a busy, commercial avenue of Hudson County, New Jersey. The business primarily sells tires, rims, wheels and specialized performance accessories to the general public. The company is long established and is a well known parts provider in the Auto Industry. The business also offers full service auto repairs with a substantial markup for the current owner. Tire & Rim sales account for 60% of the business, general auto repairs account for 30% and the remaining amount is generated from miscellaneous retail sales. This business has produced high volume sales over $900,000 and is expected to produce over $1,000,000 for 2009. The seller will verify a minimum yearly net income of $175,000. This is a super opportunity with a stable income and availablility for additional expansion. The present owner does not do any of the parts repairs because he has a full repair staff who will remain after transition. A most lucrative opportunity, please call for further information.

 

   
Year Business was Established: 1996
   
Number of Employees: 10  
   
Facilities / Terms of Lease: Large facility is located on a commercial avenue and consists of 6,000 square feet. Business lease includes a storefront with a retail showroom and repair garage with 3 lifts. An existing lease is available for the new owner with an additional 5 year option and moderate rent payments. The monthly rent is approximately $3,780.  
   
Potential Growth/Expansion: With continued good service and by improving local marketing and advertising, the owner can further develop the income.  
   
Competition: No similar competitors exist in the general area.  
   
Owner willing to finance: Financing is available for a qualified purchaser  
   
Owner willing to train: Seller will provide a complete due diligence review period.  
   
Reason for selling: Relocating out of state  
   
Seller Reference Number: AUTO110
BusinessMart.com Listing Number: 70971
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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