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Business for Sale Summary

Auto Repair Shop in Union County, NJ - 29945

Business Type: retailing businesses,service businesses,auto repair,auto body/collision repair,auto/truck mechanical repair
Auto Repair Shop in Union County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $225,000 Down Payment $160,000
Gross Revenues $700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $180,000 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 put his three-bay auto repair shop is 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 no less than 12 months. 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 the broker at 1-877-735-5224.

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.