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.
Asking Price $699,000
You May Also Like
Truck Repairs Nets $225k #454524 posted Sep 23, 2016
- Essex County, New Jersey, United States
Auto Truck repair business in Essex County New Jersey servicing a large variety of commercial transportation companies throughout the metropolitan area. The company has a gross income of $2,000,000 and a yearly net income of $225,000. This company was built on the idea that they can get the highest...
Auto Repair Shop With or Without Prpperty #454933 posted Sep 29, 2016
- Bayonne, New Jersey, United States
Very profitable auto repair business and property for sale. Return on investment over 30%. In business for over 40 years. Complete with all the latest equipment. Turn key operation for the right person. The business has growth potential with expanded hours. Currently 8 am-5pm Monday- Friday. With the...
Master Franchise for Innovative Green Auto Garage #223000 posted Jan 26, 2011
- New York, New York, United States
Excellent opportunity to own the Master Franchise Territory for a Green, Innovative Automotive Repair Franchise. Franchise has private label products and a specialized market niche that will create a "buzz" in your area. Once franchisee stores are open in your area, the territory can create a decent...
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.