Automotive/Transport

Hudson

Asking Price $199,000
Cash Flow $0
Listing ID: 23230
Automotive/Transport Auto Repair

Business Overview

This highly regarded and profitable full-service auto repair facility, equipped with state-of-the-art technology, is situated just north of Journal Square and is now available for acquisition. Positioned on a prime thoroughfare, NJ 139, which serves as an exit from the Holland Tunnel, the location benefits from both New Jersey traffic and vehicles departing from New York, ensuring a consistently high volume of traffic around the clock. Established by the same owner for 34 years, this repair shop is now seeking a new owner as the current proprietor approaches retirement. For 30 of those years, it has maintained AAA approval and boasts a growing customer database of thousands, complemented by numerous referrals and walk-ins. The facility also has established relationships with local body shops and major corporations such as PSE&G and the Port Authority of NY and NJ. As many competitors have sold to large developers, the number of local repair shops in Jersey City has dwindled, with recent developments transforming the area into a more residential environment. Opening a new repair facility in this location today would require a significant investment, but this shop benefits from grandfathered status, allowing it to operate indefinitely. The facility accommodates eight vehicles indoors and eight outdoors and is offered as a turnkey operation, complete with lifts, computers, scanners, specialty tools, hand tools, a Hunter wheel alignment machine, a Snap-on high-speed balancer, a tire machine, a brand new Snap-on starting system analyzer, and much more. It is fully equipped to meet all automotive service needs.

Business Info

Building Size
Parking
N/A
License Required
N/A
Base Month Rent
$0
House Of Operations

Pricing Info

Listing Type
List Price
$199,000
Pur. Price
$199,000
Down Pay
$0

Listing Inquiry: