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Unbranded Gas And Auto Repair Shop In Essex County For Sale

Essex County, New Jersey, US
Asking Price:
$400,000 Inventory / Stock included
Sales Revenue:
$2,170,000
Cash Flow:
$162,000

Enterprise business waiting for you. Earn a generational lifetime of income. Presently an auto repair shop (grosses $35,000 per month) and a gas station (60,000 gal/month) and potentially a 350 sq. ft. convenience store (now used as an unneeded waiting room) and a used car lot (parking for 25 cars). Property optional (12,000 sq. ft. and valued at $800,000). This Essex County businessman has put his 80-year-old unbranded gas station and three-bay auto repair shop up for sale. The net profit on the gas is about 35 cents per gallon reflecting ownership's decision to price the gas at about 6 cents per gallon above market rates and thereby, take advantage of traffic flow which brings drivers headed to and from the freeway right past their doorstep. Please call Gerald Nimberg, Senior Business Broker, Vested Business Brokers, for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Retirement

Employees:
4FT/1PT
Years established:
1942

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$50,000
Inventory / Stock value:
$20,000 - included in the asking price

Contact Vested Business Brokers HQ

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