Established Tire and Repair Shop
Union County, New Jersey
| 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.
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| Year
Business was Established: 1961 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
1,500 sq. ft. facility, all equipment included, facility in good condition, adequate parking |
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| Potential
Growth/Expansion:
No |
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| Competition:
No |
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| Owner
willing to finance:
Prime + 2%, 3 years |
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| Owner
willing to train:
As needed |
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| Reason for selling:
Looking to retire from the business |
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| REQUEST MORE INFO |
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