1092 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$699,000
Revenue$2,327,877 Established2000
Cash Flow$322,289 Employees16 full-time
FF&E$90,000* FranchiseNo
Inventory$50,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This profitable, commercial truck repair center is located around Exit 14 of the New Jersey Turnpike. The immediate area is heavily trafficked by the trucking industry. The current owner has operated the center for the past 11 years. He has decided to pursue other business interests.
The business has a stellar reputation with technicians that are well trained in tractor maintenance and repair. Included in the sale are the body shop plus a separate building for painting trucks.
Possessing excellent customer service skills along with mechanical skills: most of the repair work comes from repeat customers. This enables the business to command a better than average gross profit margin. Independent truckers pay cash or credit card upon completion of the repair or maintenance work. There are also four fleet customers that have 30 day terms.
Sales have increased steadily over the past two years with this year on track for another increase. A new owner would be buying a business that has an immediate profit that could be increased by attracting additional fleet business. An increase in operating hours would decrease the backlog of work that needs to be done and increase the ability to do more business.
The present owner is involved only on the administrative side. He would commit to stay for a period of time in order to promote a smooth transition. An experienced manager that has been with the company for a long period of time would stay on with the new owner.
The truck service center is priced for a quick sale as the owner wants to move on to other business interests.
Training/Support:Seller will provide training
Sale Reason:Owner has other business interests
Ad #72261
Seller Reference #LINDENJ001-N631
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Peter Gibbs
(732) 494-6766
Email Address