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Auto Repair Center

Monmouth County, New Jersey

Asking Price: Gross: Cash Flow:
$199,000 $185,000 Undisclosed

Furniture and Fixtures Value:
$75,000 (included in the asking price)

Inventory Value:
$1,000 (included in the asking price)

Business Summary:
Great opportunity to own this full service Auto Repair Center with excellent repeat customer base, located in Monmouth County. This successful 2,500 sq. ft. repair shop has 3 bays with 2 full lifts. This repair center does oil changes, full brake service, starter & alternators, tune-ups, mufflers and pipes, front-end service as well as pre-purchase car inspections. Owned and operated for 8 years by current owner. The business is being sold with all equipment and infrastructure in place so you can begin to do business immediately. The owner does most of the repair work himself and has 1 PT worker. It is an excellent business but still has good potential to grow since the owner has only relied on reputation and does very little promoting or advertising. Plenty of room inside garage, along with additional parking in front of the shop. Over 500 loyal customers. Perfect opportunity for a business person with an automotive background. Numbers are projected for 2011. For further information please contact Gene Reilly at 908-851-9040 Ext. 293.

 
   
   
Year Business was Established: 2003
   
Number of Employees: 1PT  
   
Facilities / Terms of Lease: Great opportunity to own this full service Auto Repair Center with excellent repeat customer base, located in Monmouth County. This successful 2,500 sq. ft. repair shop has 3 bays with 2 full lifts and 1 mid-rise. This repair center does oil changes, full brake service, starter & alternators, tune-ups, mufflers and pipes, front-end service as well as pre-purchase car inspections. Owned and operated for 8 years by current owner. The business is being sold with all equipment and infrastructure in place so you can begin to do business immediately. The owner does most of the repair work himself. Numbers are projected.  
   
Potential Growth/Expansion: Add website, advertise and offer coupons  
   
Competition: Very loyal customer base of over 500 repeat customers  
   
Owner willing to finance: 10 years at 5%  
   
Owner willing to train: Seller will provide 2 weeks training  
   
Reason for selling: Health issue  
 

 

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