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CAR WASH/LUBE/AUTO REPAIR/MECHANIC SHOP

New Jersey

Asking Price: Gross: Cash Flow:
$265,000 $538,000 $146,506

Furniture and Fixtures Value:
$150,000 (included in the asking price)

Inventory Value:
$10,000 ( not included in the asking price)

Business Summary:
3 BAY REPAIR SHOP WITH 3 LIFTS, 50 FOOT TUNNEL FOR HAND CAR WASH. CAR WAS DOES $188,000 INCOME MECHANIC SHOP DOES $350,000 YERALY. FACILITY VER VISIBLE FROM STREET, LOCATED BEHIND GAS PUMPS AT DELTA GAS STATIONS. CAR AVERAGE WASH IS $10,000 WITH OVER60 CAR COUNT DAILY MORE OON WEEKEND. MECHANIC SHOP DOES OVER 20 MAJOR CAR REPAIRS JOBS WEEKLY. OIL CHANGE $25,000, REPAIR SHOP IS A CERTIFIED N.J ISPECTION STATIONM FULL WITH THE LATEST OF EQUIPMENT. OWNER IS PRESENTLY WORKING ON CONVERTING 350 SQFT OFFICE INTO CONVENIEACE STORE, OWNER FINDS THAT HIS BUSINESS OVERALL IS SHOWING IMPOROVEMENT.

 
   
   
Year Business was Established: 4
   
Number of Employees: 11  
   
Facilities / Terms of Lease: 3,000 sqft building, 50foot tunnel car wash can use some tlc, repair part 3 bay garage with lift, Plenty of equipment, Great lease for 15 more years, in further tenant responsible for 40% of any tax increase  
   
Potential Growth/Expansion: There is a Detailed center, Located to near by Wash, Not to many people know it is there, Convenience Store owner has already put a 5,000 towards legal fears to get the right of Council to allow place to open store  
   
Competition: In the area all car washes are busy, Waiting lines available on property do not have to use street  
   
Owner willing to finance: YES  
   
Owner willing to train: YES, TWO WEEKS  
   
Reason for selling: Partnership Disagreement  
 

 

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