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Business for Sale Summary

Mechanic Shop, Warehouse, and Truck Parking Lot - 35925

Business Type: business with property available,freight moving/delivery/storage/warehousing,misc. service/non-classifiable,other personal services,repair services,auto repair
Mechanic Shop, Warehouse, and Truck Parking Lot
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Financial Information (non-confidential)

General Information
Asking Price $900,000 Down Payment $900,000
Gross Revenues $730,000 Lease Remaining Register Free to View
Owner’s Cash Flow $185,000 Number of FT Employees Register Free to View

Financing

$900,000 Down and

Business Description

A gated mechanic’s shop, warehouse and truck parking lot at one location in Morris County, New Jersey is offered for sale. The parking lot rents out to 22 tenants and is at capacity but engineering plans to increase the space from 2 to 3.5 acres are in the offing and expected to be ready by early summer. The mechanics shop with 2 Full-time mechanics operates on the Seller’s fleet and contracts work with the tenants and others. The 3,000 sq. ft. warehouse houses tools, a snowplow, air compressor, equipment and replacement parts. Towing capability would be an ideal add-on to the mix. This packaged business has grown significantly since its inception two years ago and promises to grow significantly more as space is added. . This package along with the Seller’s trucking company, Listing 35018, must be sold together. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers, at 646-269-4616.

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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.