Automotive Repair - Great Opportunity for a Mechanic or an Underwriter

Asking Price$375,000

Cash Flow
$185,454
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$495,395

Inventory$10,000
Included in asking price
FF&E$15,000
Included in asking price
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Automotive Repair - Great Opportunity for a Mechanic or an Underwriter


Asking Price$375,000

Cash Flow
$185,454
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$495,395

Inventory$10,000
Included in asking price
FF&E$15,000
Included in asking price
Business Description
This is an excellent opportunity to acquire an established Automotive Repair Facility that has consistently performed with Revenue and Profits (>$180K) over the last three plus years.

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.

There is one full-time employee on the staff in addition to the owner. The technician performs all diagnostics, hands-on services, and repairs. The owner oversees the operation including customer service, which includes scheduling appointments, estimating, selling, ordering parts and supplies, invoicing, and payables.
After more than 30 years the seller is planning his retirement and is willing to stay on board to ensure a smooth transition for the new owner.
About the Business
Years in Operation
34
Number of Employees
1
Facilities & Assets
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.
Market Outlook / Competition
After more than thirty years in the area, this business has built a loyal customer and referral base by providing excellent service at reasonable rates..
Opportunities for Growth
Today, no internet or social media advertising is active.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,900
Rent
$2,275.00 per month
Lease Expiration
12/31/2029
About the Sale
Seller Motivation
Retirement
Transition Support
Seller is willing to stay on at market rate to ensure a smooth transition
Listing Info
ID
2176757
Listing Views
2349

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Business Listed by: Steve Zimmerman ENLIGN Business Brokers

Listing ID: 2176757 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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