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Business for Sale

Tire Sale & Auto Repair Business for Sale in Union
Union County, NJ

Listing #18345

   
Financial Information (non-confidential)
Asking Price $395,000.00 Gross Revenues $620,000.00
Down Payment $320,000.00 Owner’s Cash Flow $280,350.00

Financing: $320,000.00 Down and $75,000.00 at 8% over 6 years

Reason for Selling:seller has other busines interests after 25 years and will have the rental income from all other services at the facility.

An excellent opportunity awaits an ambitious person or persons for this full service auto and tire center. This facility has been in existence for 50 years, with the present owners operating it for 25 years. This business is located on a well traveled county road just a few hundred yards away from the main entrance to one of NJ's largest companies. Building on the existing profitability would be easy for an ambitious person, due to the fact that various auto services such as heavy engine or transmission work are not performed. This facility offers towing and alignment services to its customers, but these services are performed through a 3rd party. Repairs on larger trucks, including tires, are not performed, as well as any type of diesel work. The present owners do not perform any type of aftermarket installation service, such as alarm and auto start systems, performance work, including performance exhaust systems, custom wheels, or any other type of customizing. The owners have a considerable customer base due to their unique location and years in business. They have an excellent reputation for honest work, superior customer service, name brand products, and competitive prices. They have a consistent flow of business and have very little advertising costs!This facility is also unique due to the fact that a separate car wash/detail center and separate used car sales business also exist at this location. These operations compliment each other and truly makes this a full service center. The business has 2 service bays with lifts, as well as an outside service area. All equipment is included in the sale with items such as portable lift, hydraulic jacks and bumper jack, 2 tire machines, wheel balancer, diagnostic scanner, brake lathe machine, various tools and all office equipment. The building is approximately 1500 sq. ft. with 2 offices, 2 baths, (1 Handicap accessible), and storage.

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.
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
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Marie Goldstein

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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