Auto Repair & Towing - SBA approved!!
Business Description
This company provides traditional automotive maintenance / repair, towing / impound services, and specialized commercial services, such as fleet maintenance, as well. The total purchase price for this business also includes three tow trucks in excellent condition (valued at $180,000) and real estate at approximately $275,000 for a total purchase price of $775,000.
An estimated 70% of all automotive repair work in the US is performed by independent shops. So, standing out from the competition can be difficult. In addition to services found at most repair shops, specialized services such as fleet repair are both highly profitable and in demand. The multiple, complementary revenue streams within this company clearly separates them from all other repair shops.
Automotive Maintenance & Repair:
When it comes to mechanical repair, they work with everything except for boats and motorcycles. This is including, but not limited to: police cars, dump trucks, riding lawn mowers etc. A competitive advantage is their ability to provide services for such a wide-variety of vehicles, machines and equipment. Their automotive maintenance services include brake and tire sales of nationally recognized brands at competitive prices. They have contracts with two NJ municipalities to repair and maintain all their vehicles. These contracts provide guaranteed income.
Fleet Maintenance:
For companies and organizations, the process of repair and upkeep of vehicles is imperative. Fleet maintenance is a sizable portion of this companies’ revenue mix.
Towing Services:
They provide towing and impound services. Included in the listing price are three fully equipped and operational tow trucks. They are contracted by two NJ municipalities to respond to police towing events. These contracts provide guaranteed income.
An estimated 70% of all automotive repair work in the US is performed by independent shops. So, standing out from the competition can be difficult. In addition to services found at most repair shops, specialized services such as fleet repair are both highly profitable and in demand. The multiple, complementary revenue streams within this company clearly separates them from all other repair shops.
Automotive Maintenance & Repair:
When it comes to mechanical repair, they work with everything except for boats and motorcycles. This is including, but not limited to: police cars, dump trucks, riding lawn mowers etc. A competitive advantage is their ability to provide services for such a wide-variety of vehicles, machines and equipment. Their automotive maintenance services include brake and tire sales of nationally recognized brands at competitive prices. They have contracts with two NJ municipalities to repair and maintain all their vehicles. These contracts provide guaranteed income.
Fleet Maintenance:
For companies and organizations, the process of repair and upkeep of vehicles is imperative. Fleet maintenance is a sizable portion of this companies’ revenue mix.
Towing Services:
They provide towing and impound services. Included in the listing price are three fully equipped and operational tow trucks. They are contracted by two NJ municipalities to respond to police towing events. These contracts provide guaranteed income.
About the Business
- Employees
- 4
- Facilities & Assets
- - Three fully equipped trucks valued at over $180,000.
- 40x44 Commercial real estate
- Recent improvements to the real estate include: a new roof (Dec. 2024) a new hot water heater and furnace. - Market Outlook / Competition
- Due to a neighboring shop closing in the last 6 months, they now face even less competition while also having numbers trending upwards because of absorbing several of their clients.
- Opportunities for Growth
- Hire additional mechanics
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 1,700
About the Sale
- Seller Motivation
- Owners are retiring
Listing Info
- ID
- 2356034
- Listing Views
- 2773
Listing ID: 2356034 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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