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Unbranded Gas & Auto Repair Shop In New Jersey For Sale

New Jersey, US
Asking Price:
$425,000 Inventory / Stock included
Sales Revenue:
$1,755,000
Cash Flow:
$200,000

LISTING ID # 34029

Enterprise business waiting for you. Earn a generational lifetime of income. Presently a very profitable auto repair shop (grosses $35,000 per month) and a gas station (45,000 gal/month) and a towing business at inception likely to be followed by a used car sales 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. To learn more about this opportunity, please contact the broker Gerry Nimberg.

Business Operation

Reasons for selling:

Retirement

Employees:
4 FT/1 PT
Years established:
80

Other Information

Support & training:

Seller will train

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