MergerPlace

Auto Center, Domestic & Foreign

New Jersey (Middlesex)


  • Asking Price: $349,000
  • Gross Income: $447,119
  • Cash Flow: $149,502
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $50,000
  • Listing ID: #203047
  • Established: 1982
  • Employees: 3 FT

Business Description

Since 2007, the owner and long term employees of this well known and customer friendly auto center has provided superior Service, Value and Integrity to the owners of both domestic and foreign vehicles.


Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: New Jersey
County: Middlesex

Company Information

Year Established: 1982
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $349,000
Gross Revenue: $447,119
Cash Flow: $149,502
FF&E: $50,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

Location, Location, Location. This profitable business' very desirable location enjoys outstanding highway visibility, along with ample off-street parking. Their loyal customers (94% return rate), depend on and receive quality repairs and excellent service.

Growth & expansion opportunities:

Auto repair is somewhat of a cash business with good repeat business. Very little seasonality and consistent revenues year over year.

Competition:

The auto repair industry is mostly recession proof and can be very profitable, if the owner treats their valued customers and employees right. It's a competitive business, but trust and competence are huge issues in auto repair. The upside is when customers find someone they can trust, who treats them fairly, and does a competent job on repairs. Those customers are usually very loyal to that repair shop.

Reason for selling:

Owner plans to relocate to Florida.

Support & Training:

Will train for 1 week / $500 cost. Most buyers who come to purchase an auto repair shop do not have previous experience. Owners don't need a college degree to be successful in this industry. Being a mechanic is not required. You don't need to get your hands dirty to be successful. This business has a well trained team of certified technicians who provide the following services for all makes and models of both domestic and foreign vehicle's. Services include: Complete Tire Services, Complete Engine Services, Preventive Maintenance, Manufacture's Schedule Maintenance, AC & Heating System Repair & Recharge, Complete Brake Service, Suspension Service, Axle / CV Joint Repair, Complete Radiator Service. A standard New Jersey business license is required.

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Business Listed By:

John Hayes

Murphy Business Brokers