Auto Repair - Location Location Location!
Not Disclosed, NJ Hudson County
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- RE: Auto Repair - Location Location Location!
- Contact: Darren Smith
Quick Facts
| Asking Price: | $499,000 | |
| Annual Revenue: | $363,721 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $199,874 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1989 | |
| Employees: | 2 | |
| BBN Listing #: | 981515 | |
| Broker Reference #: | 3408-18661 |
Business Overview:
This highly profitable, well-established, and AAA-approved auto repair facility has been a trusted name in the community for 34 years. Conveniently located near a high-traffic thoroughfare, it benefits from significant exposure to both New Jersey and New York drivers 24/7.
The business boasts a loyal customer base, supported by thousands of records and a steady influx of referrals and walk-ins. Additionally, this business has long-standing private accounts with notable organizations such as PSE&G and the Port Authority of NY and NJ, as well as partnerships with local body shops.
Competitors have dwindled due to increased urban development, which has made opening nearby new repair facilities nearly impossible. As a grandfathered location, this facility enjoys a unique and protected position in the market.
Additional Information:
- This business has been AAA-approved for 30 years.
- The seller is committed to ensuring a smooth transition and is willing to provide training and support for an agreed-upon period.
- Ideal for an experienced automotive professional looking to own a thriving, respected repair shop in one of New Jersey’s busiest urban centers.
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Property Features and Assets:
Facilities and Assets:
Assets = $100,000
- Spacious 3000 square foot full-service facility with the capacity for 8 cars indoors and 8 outdoors.
- Equipped with state-of-the-art tools and machinery, including lifts, Hunter wheel alignment machine, Snap-on high-speed balancer, tire machine, and a brand-new Snap-on starting system analyzer.
- The shop is fully operational and turnkey, ready to accommodate all automotive repair needs except bodywork
Market Competition and Expansion:
With this area transforming into a predominantly residential hub and limited competitors remaining, the potential for expanding the customer base is immense. A new owner can capitalize on the current reputation while adding additional services to capture an even larger market share.
Reason for Selling:
Owner Retiring.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
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