Good Looking and Clean Auto Repair Shop
Passaic County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $350,000 |
$490,000 |
$198,037 |
Furniture and Fixtures Value:
$75,000 (included in the asking price)
Inventory Value:
$7,500 ( not included in the asking price)
Business Summary:
Modern, clean, newest equipment 7 bay auto repair, 3 lifts can also handle larger vans. Parking for over 30 cars, located in a Suburban zone of a rather large city in Passaic County. Site is off major state highway. Did over 500 cars last year average repair for each vehicle over $900 – 7,000 sq. ft. building where repair shop is located has an additional 2 bay garage – new operator owner can take pride in ownership of this well maintained facility. Direct exit from highway in Suburban like location. Fully computerized in addition to above figures owner takes out $600.00 weekly ($31,200 annually). In addition to 7 bays, there is a divided area with 2 bays and office that present owner rents out for $1,000 monthly. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285.
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| Year
Business was Established: 1962 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
Well kept, clean 9 car repair bay facility, 2 bays rented out, 3 years plus three 5 year options. Available on lease, facility and equipment in top shop (7,000 sq. ft.) |
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| Potential
Growth/Expansion:
Advertising and promotion business because of its size can easily double its present volume |
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| Competition:
This modern facility does business, because of reputation and location |
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| Owner
willing to finance:
Owner would accept $130,000 in financing with terms of note negotiable |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Owner and family want to move |
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| REQUEST MORE INFO |
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