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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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Tire & Auto Repairs & Property

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1125950
Net Profit / Cash Flow  $136171
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1985
Number of Employees  4 - 5
Inventory  $270,000 equipment only.
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  Seller will supply a full transitional period and will remain post closing for sixty days.
Reason for Sale  Retiring after many successful years in this particular industry.
Description  Owner retiring with this high volume thirty year old Tire and auto business which includes the property and located on an active state highway of Sussex County Northern, New Jersey. The business has been providing Sussex County, NJ quality tires, auto & truck repair service and maintenance since 1983! They offer expert and full maintenance service for all styles of vehicles. The business also provides emergency road-side service and towing for vehicles within a 30 mile radius of their location! The business production consists of (50%) fifty percent Tire sales and (50%) fifty percent general auto repairs. This six day operation has five employees who are fully trained and experienced in the auto industry. The sale includes the business and the real estate which also has two rental incomes consisting of $17,340 yearly income. The seller is retiring due to illness after many years in the industry and has priced the sale aggressively with owner financing. This is a solid opportunity which will supply a 40% return on investment prior to debt service. The building has a capacity for multiple vehicles and consists of a 6,000 sq. ft as a free standing building. The property can accommodate a large volume of vehicles. The business is active six days per week, (Sunday), hours 8:00 am to 5:00 pm. The employees are unaware of the pending sale, all showing by appointment only. The facility is on one half acre and consists of 6,000 square feet with an indoor capacity for multiple vehicles. The business has separate professional work areas in order to accommodate various work tasks. The business has a clean professional image to the customers it serves. Located in Northern New Jersey, Sussex County on a major state highway with substantial drive by traffic and continued demand for this retail service.
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