Package of 2 Auto Repair Franchise Locations New Jersey - Business for Sale
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Two Auto Repair Franchise Locations in Passaic County, NJ
NJ, US
Added 2 months ago
Auto Repair Franchise
The business consists of two franchised auto repair locations in Passaic County, New Jersey, operating under a package or individual sale structure.
Key Information
Asking
$1.2M
Revenue
$2.0M
Earnings
$600K
Multiple
2.0x
Key Highlights
- Combined annual net income: $600,000
- Estimated monthly net income per location: approximately $25,000 after franchise fees (per seller)
- Monthly operating costs per location: payroll $10,200, rent $13,000, franchise fees $3,380, electrical $500, phone/internet $250, parts 15% of gross
- Both locations are franchises and may be sold together or individually
- Seller financing available: 50% down payment and 2-year seller note on the balance per location; flexible terms possible (3- to 8-year term)
- Both locations have approximately 15 years remaining on their leases
Contact Info
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