Auto Parts & Repair Business
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $700000
Net Profit / Cash Flow $110000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1990
Number of Employees 4 - 5
Inventory 150000 Equipment Only
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training The seller will remain post closing and supply a full transitional period.
Reason for Sale Retirement.
Description Lucrative business selling retail auto parts and accessories for auto performance, as well as a repair center located in a busy, commercial area of Hudson County, New Jersey. The business primarily sells tires, rims, wheels and specialized performance accessories to the general public. The company is long established and a well known parts provider in the auto industry. The business also offers full service menu of auto repairs with a substantial markup for the current owner. Tire & Rim sales account for 45% of the business, general auto repairs account for 40% and the remaining amount is generated from miscellaneous retail sales. This business produces yearly sales of $700,000 and a consistent net income to the owner. The present owner is relocating and will provide financing to a qualified purchaser with an appropriate down payment. The facility is on a commercial avenue which consists of 5,000 square feet with front and rear parking. The entrance is a showroom for tires, rims and wheels and the rear is a large garage for repair. The garage is fully equipped with 3 lifts and alignment equipment. All equipment in the business is in excellent working condition.
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