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Business for Sale Summary

Unbranded Gas & Auto Repair Shop for sale in NJ - 34029

Business Type: auto body/collision repair,auto repair,auto/truck mechanical repair,misc. service/non-classifiable,gasoline service station
Unbranded Gas & Auto Repair Shop for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $400,000
Gross Revenues $2,170,000 Lease Remaining Register Free to View
Owner’s Cash Flow $162,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and

Business Description

Enterprise business waiting for you. Earn a generational lifetime of income. Presently an auto repair shop (grosses $35,000 per month) and a gas station (60,000 gal/month) and potentially a 350 sq. ft. convenience store (now used as an unneeded waiting room) and a used car lot (parking for 25 cars). Property optional (12,000 sq. ft. and valued at $800,000). This Essex County businessman has put his 80-year-old unbranded gas station and three-bay auto repair shop up for sale. The net profit on the gas is about 35 cents per gallon reflecting ownership's decision to price the gas at about 6 cents per gallon above market rates and thereby, take advantage of traffic flow which brings drivers headed to and from the freeway right past their doorstep. Please call Gerald Nimberg, Senior Business Broker, Vested Business Brokers, 1-646-269-4616 for further information.

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 registration@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.