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Truck Repair Maintenance & Body Works For Sale

Essex County, New Jersey
Asking Price:
$699,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,327,877 (USD)
Cash Flow:
$322,289 (USD)

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.

Property information

Real Estate:

Lease

Premises Details:

9270.00

Business Operation

Reasons for selling:

Owner has other business interests

Trading hours:

Days: Monday - Saturday, Hours: 8:00am - 6:00 pm

Employees:
Full Time: 16
Years established:
17

Other Information

Support & training:

Seller will provide training

Furniture / Fixtures value:
$90,000 (USD) - included in the asking price
Inventory / Stock value:
$50,000 (USD) - included in the asking price

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