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Established Tire and Repair Shop for sale in Union County, NJ

Union County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 395,000 $ 650,000 $ 274,000

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Inventory Value:
$ 25,000 (included in the asking price)

Business Summary:
Excellent opportunity for this Auto Repair & Tire Center w/ annual sales of $650k. This business has been around for 50 years w/ the present owner over the last 25. Specializing in light car repairs & offering towing and alignments thru 3rd party services. There is a considerable customer base due to their close location to a large plant site facility and years of operation. They have an excellent reputation for superior customer service, name brand products & competitive prices. There are 2 bays w/ lifts, an outside service area & all equipment. This includes a portable lift, hydraulic jacks, bumper jack, 2 tire machines, wheel balancer, diagnostic scanner, brake lathe machines, various tools & all office equipment. The building is approx. 1,500 sq. ft. w/ 2 offices, bathrooms & storage.

 

   
Year Business was Established: 1961
   
Number of Employees: 2  
   
Facilities / Terms of Lease: 1,500 sq. ft. facility, all equipment included, facility in good condition, adequate parking  
   
Potential Growth/Expansion: No  
   
Competition: No  
   
Owner willing to finance: Prime + 2%, 3 years  
   
Owner willing to train: As needed  
   
Reason for selling: Looking to retire from the business  
   
Seller Reference Number: 4402bp
BusinessMart.com Listing Number: 98060
 

 

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For more info contact:

Larry Bodner

Executive Business Brokers
908-851-9040

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