Established Automotive Repair - Price Decrease

Business Overview:

This is an excellent opportunity to acquire an established Automotive Repair Facility 

Founded in 1991, by a second-generation auto shop owner, this business services all makes of American cars and light trucks.  In addition, they have developed specific expertise in the repair of Asian cars.  The shop performs scheduled servicing and maintenance and a wide range of repairs, including everything from fluid changes and tune ups to any size repair including tires, brakes, suspension, fuel injection and driveline components.  The focus is heavily weighted on maintenance and service work. The hours of operation are Monday through Friday and is closed on weekends.

Located in Morris County, New Jersey, the facility is approximately 1900 square feet in total which includes a shop with two lift bays and open floor space for an additional two vehicles.   A full complement of equipment, none of which is leased, is included in the purchase price.  The bulk oil and transmission fluid equipment are loaned by the vendor, at no additional cost, as long as the products are purchased from them.

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Property Features and Assets:

This automotive shop operates out of a 1,900 square foot shop.  There are 2 lift bays, open floor space for 2 more vehicles, a 100 square foot storage room and a lunch area. There are 2 garage doors and 1 main door. Currently, the reception area was removed.  A reception area, with a separate entrance, can easily be re-created.  

The facility has easy access to major interstate highways and ample room to accommodate continued growth. 

Market Competition and Expansion:

There are many alternatives for auto repair which create a lot of competition. However, customers tend to stay loyal to an auto repair shop they trust. Clean facilities and a comfortable waiting room with nice furnishings are a plus. They have built an excellent reputation in the area and receives a lot of referrals and repeat business. There are a few local shops nearby and they have a good working relationship with all of them.

The shop has continued to thrive over the years, supported by their loyal customer base and their referrals. High quality service and responsiveness has helped build an excellent reputation in the community. As the economy returns to health, more consumers are back on the roads, increasing the number of vehicles requiring maintenance and repair.

Today, they currently do not do any type of marketing. Instituting a website, social media, or direct mail. 

Reason for Selling:

Other interests

Additional Details:

Documents:

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