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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Automotive Shop For Sale

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $995615
Net Profit / Cash Flow  $69301
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1951
Number of Employees  6 - 9
Inventory  $115000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Owners wish to retire.
Reason for Sale  Seller will provide a minimum of 2 weeks training and ongoing consulting for a minimum of 3 months.
Description  This automotive repair and maintenance shop has grown and maintained its market share as a result of an excellent customer service reputation built by the family ownership for the past 60 years. The company's consistency and longevity of service, combined with its brand name tire products, have enabled it to maintain relatively consistent sales levels during the past several years. This well maintained, fully-equipped shop is approximately 9,000 square feet with eight service bays, an alignment pit and huge storage areas. There is ample parking available. Well situated in a prime retail shopping area with department stores and numerous fast food restaurants, and only 1/2 mile away from a large educational institution. There are several similar businesses in the surrounding area, however the Company has built a great reputation over the last 60 years for customer service, convenience, and value pricing. This has enabled it to maintain consistent sales levels during the past several years, even through these difficult economic times. The business is located in an area of population and economic growth. It has the potential to achieve significant sales growth through expanding car counts and diversification of services, including scheduled maintenance. Moderate unemployment and a stable housing market in the county has contributed to the availability of discretionary income to support above average add on sales potential. The company is doing a very limited wholesale business to local car dealers and independent repair shops. Currently it does not actively promote itself to local fleets, such as contractors and other local business and government entities. These segments represent a growth opportunity for a Buyer to increase sales. Contact for more information on this automotive shop for sale.
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