Auto Repair Shop for Sale in Union County, NJ - 29945 Business Type: auto body/collision repair,auto/truck mechanical repair,auto repair
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $225,000 | Down Payment | $160,000 |
| Gross Revenues | $875,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $210,000 | Number of FT Employees | Register Free to View |
Financing
$160,000 Down and Balance over 10 years
Business Description
After 34 years, this Union County businessman has FINALLY put his three-bay auto repair shop up for sale. Honesty, quality and service mark the reputation of this repair shop, and it has stood this business well. The business is highly profitable and, to ensure its continued success, the seller will remain with the new owner for up to one year.
Revenues and profits are high and are still increasing after 34 years and they can grow further. The business is not advertised or promoted anywhere, and the hours of operation are short, closing at 5 pm during the week and at 12 noon on Saturdays.
All transmission, motor and heavy-duty jobs are turned away.
More than $200,000 worth of tools and equipment are included in the sale.
This business is perfect for someone with automotive mechanic experience.
Please contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers, at 646-269-4616.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at
1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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