Successful Auto Repair Shop For Sale

Middlesex County, NJ
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Asking Price:$974,900
Gross Revenue:$442,000
Established Year:1982
Cash Flow:$93,597
Rent:$47,105/Year
BUSINESS DESCRIPTION

Growing, profitable and well-run in established Middlesex County neighborhood. Package includes Real Estate (2400 sq ft), auto service building with 6 bays, 2 lifts. Plus adjacent 2 family house with occupied apartments on property (net operating income $24,000+/-). Parking for 6 cars inside and 8 cars outside. Also has a small office and waiting room. Year over year sales growth 2022-44%; 2021-18%. Founded in 1982 by current and well known owner who is looking to retire/willing to transition. Fully trained mechanic on staff stays. Services all makes and models. Business is highly rated (4.5 stars) by Google. Great opportunity for an auto mechanic who is looking for equity and ownership. Owner will consider leasing operation to qualified candidates.


DETAILED INFORMATION
Location
Middlesex County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Employees
2
Reason for Selling
Retirement
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Michael Gersten
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Michael Gersten