Good Looking And Clean Passaic Auto Repair Shop For Sale

Business description

Modern, clean, newest equipment 7 bay auto repair, 3 lifts can also handle larger vans. Parking for over 30 cars, located in a Suburban zone of a rather large city in Passaic County. Site is off major state highway. Did over 500 cars last year average repair for each vehicle over $900 – 7,000 sq. ft. building where repair shop is located has an additional 2 bay garage – new operator owner can take pride in ownership of this well maintained facility. Direct exit from highway in Suburban like location. Fully computerized in addition to above figures owner takes out $600.00 weekly ($31,200 annually). In addition to 7 bays, there is a divided area with 2 bays and office that present owner rents out for $1,000 monthly. For further information please contact Vito Mastromonaco below.

Property information

Premises details:

Well kept, clean 9 car repair bay facility, 2 bays rented out, 3 years plus three 5 year options. Available on lease, facility and equipment in top shop (7,000 sq. ft.)

Size in square feet:

7,000 sq. ft.

Business Operation

Expansion potential:

Advertising and promotion business because of its size can easily double its present volume

Competition / Market:

This modern facility does business, because of reputation and location

Reasons for selling:

Owner and family want to move

Trading hours:

6 days, 8am-6pm

Employees:

2

Years established:

50 years

Other information

Support & training:

Two weeks

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner would accept $130,000 in financing with terms of note negotiable

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$7,500