Turnkey Tire and Auto Repair Shop
Monmouth County, NJ
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Owner's Cash Flow
Min Down Payment
5 FT, 1 PT
Growing up around his grandfather's shop, the current owner has become not only an expert in car mechanics but has been able to pass his wealth of knowledge to his five mechanics. His employees have a combined 50+ years of experience and have been instrumental in the continued success of the business. The owners pride themselves on their dedication to their customers and honesty. This model allowed them to amass a large, loyal customer base in an area that continues to grow in population. The shop grossed an average of over $1.3M in annual revenue over the last three years, with a solid cash flow to the owner. It has a strong customer base and a personalized approach to customer service with a team of 5 mechanics in addition to the owner and his son. The current owner and his family own the property and would structure a long-term lease with the new owner.
Owned will lease
Reason for selling
Support and training
The owner will stay on for up to 3 months to train the new owner.
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