Dependable solid business opportunity to own this successful auto transportation brokerage company located in Monmouth County, New Jersey. This National Auto Transport & Car Shipping Company provides professional door to door service to its various customers. Their network of car shippers includes over 30,000 auto carriers nationwide. They always seek out opportunities when car shipping carriers have a few spots available and are looking to fill them up ASAP - at a drastically reduced rate and all savings are passed on directly to our customers! Thousands of car shipping carriers pass through each day and our customer’s vehicle can be picked up on the same day if available. The sale consists of a fully equipped commercial office which includes various sections for employee’s desks, phones lines, shelving, software system, tables, computers, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has four employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $6,500. The business has an assignable commercial lease which expires 2016-01-01 plus additional options, with a monthly rent of $850 and rent security $850. This service business is located in a commercial office building and consists of 1,240 square feet with a capacity for approximately fifteen employees. The facility has appropriate municipal parking on site as part of the commercial lease. The business is active five days per week, with hours from 9:00 am to 5:00 pm. The sale includes a certificate of occupancy from the particular municipality and any required state or city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a continued investment return to the owner operator prior to debt service. The 2015 yearly gross income is $279,417 and the business has a yearly net income of $91,000 based on an owner operator and prior to debt service. The business has been valued at $185,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.
Asking Price $185,000
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