Retail Auto Parts, Accessories & Performance Center
Location:
United States
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New Jersey
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Hudson County
Industry: Auto Related > Auto Repair
Business Summary
A high volume Retail Auto Parts, Accessories and Auto performance center for sale located 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 is a well known parts provider in the Auto Industry. The business also offers full service auto repairs with a substantial markup for the current owner. Tire & Rim sales account for 60% of the business, general auto repairs account for 30% and the remaining amount is generated from miscellaneous retail sales. This business produces yearly sales of approximately $1,200,000 and nets $200,000 for the owner.
This is a super opportunity with stable income and availability for expansion. The present owner does not do any of the repairs because the he has a full repair staff who will remain after transition. A most unusual opportunity, please call for further information. Large facility is located on a commercial avenue and consists of 6,000 square feet. Business lease includes a storefront with a retail showroom and repair garage with 3 lifts. An existing lease is available for the new owner with an additional 5 year option and a moderate rent payment.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,200,000
Cash Flow:
$209,000
Cash Flow Type: EBITDA
Inventory: $125000 equipment only.
Seller Financing: Yes
About The Business
Year Established: 1996
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide a complete review and transitional period. Reason For Selling: Relocating out of State.
Click on the "I'm Interested" button above for more information on this Auto Related > Auto Repair business for sale.
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Print Listing Id: 70092167
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