Successful Auto Repair Shop For Sale
Asking Price: | $974,900 |
Gross Revenue: | $442,000 |
Established Year: | 1982 |
Cash Flow: | $93,597 |
Rent: | $47,105/Year |
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.