Specialty Auto - Essential Business - Real Estate available

Listing Number: 6301-869562

Description

***Operating and Busy during COVID-19 pandemic***
***Profitable in 2020***

This specialty automotive business provides much needed services for all sizes of trucks and trailers. Established by the original owners in 1946, this shop services and repairs suspension systems on all types of trucks from pickups to over-the-road tractors and various large commercial trucks. The current owner purchased the business in 1989 and has kept it operating in the original location. The seller owns the building which is included in this sale. Located in Hudson County, the facility is Five Thousand square feet in total which includes a large shop that will accommodate up to three trucks, a stock room for parts, a break area and an office. The land is almost one-quarter of an acre which includes a three-bedroom house that is currently leased.

Listing Details

  • Price: $1,800,000
  • Down Payment: $1,800,000
  • Sellers Discretionary Earnings: $67,908
  • Total Sales: $521,253
  • Location: Hudson County, New Jersey

  • Inventory: $140,000
  • FF&E: $70,000
  • Employees: 3
  • Year Established: 1989
  • Reason for Selling: Retirement
  • Category: Automotive
Specialty Auto - Essential Business -  Real Estate available

Contact Agent:

Steve Zimmerman