Repair profits still increasing.
Passaic County , New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $250,000 |
$4,089,000 |
$163,228 |
Inventory Value:
$45,000 ( not included in the asking price)
Business Summary:
Business is in growth mode, last 6 months sales have increased 16% over prior 12 months. Last 3 months sales have increased 21% over last 12 months. Owner is retiring and offering a turnkey sale. Owner has built a loyal customer base of 2,000 vehicles with marketing program which will be conveyed to new owner. This is a great location at a high traffic intersection with 2 islands and 8 pumps on 1/2 acre pumping 80,000 gallons a month. Shop has 3 bays and 3 lifts and is currently averaging $40,000 per month in repairs. Repair shop works at over 40% profit.
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| Year
Business was Established: 60 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
Can park 14 cars: 3 bay garage plus lifts. Has 3 lifts and 3 bays each are loaded. Facility is very clean and has office that may be converted. |
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| Potential
Growth/Expansion:
Take the advice of present owner gas and shop will continue to grow |
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| Competition:
in this town this is the place were most residents go for their repairs and their gas. Very hospitable location. |
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| Owner
willing to finance:
Owner would take $249,000 down and finance a balance of $100,000 |
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| Owner
willing to train:
Two Weeks |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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