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Auto Repair Shop- Excellent Staff!

Passaic County, New Jersey

Asking Price: Gross: Cash Flow:
$299,000 $1,132,837 $165,519

Furniture and Fixtures Value:
$89,510 (included in the asking price)

Inventory Value:
$9,498 (included in the asking price)

Business Summary:
Business performs general auto repair, providing maintenance and service. They have steady individual and commercial accounts.

 
   
   
Year Business was Established: 1974
   
Number of Employees: 4 FT/1 PT  
   
Facilities / Terms of Lease: The shop is on busy street corner with lots of visibility. The building has 3 bays along with parking area to house the cars being serviced.  
   
Potential Growth/Expansion: Online marketing and adding technology could be quick areas for growth. The business hours can also be expanded for more service opportunities.  
   
Competition: Local competitors are auto dealerships but they just can't compete with this business on price.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Owner is retiring from this successful auto repair business after nearly 30 years.  
 

 

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