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 24 days ago
Automotive & Boat
The business consists of two auto repair franchise locations in Passaic County, New Jersey, operating in the automotive service industry.
Key Information
Asking
$1.9M
Revenue
$2.0M
Earnings
$1.0M
Multiple
1.9x
Key Highlights
- Package of 2 auto repair franchise locations in Passaic County, NJ
- Annual net income: seller states approximately $500,000 per location after franchise fees (total $1,000,000)
- Combined monthly payroll: approximately $14,000–$15,000
- Lease terms: both locations have approximately 15 years remaining
- Occupancy costs: Location 1 rent & taxes $80,000–$85,000 annually; Location 2 rent, taxes & CAM $130,000–$140,000 annually
- Seller financing available with flexible terms (3 to 8 years)
- Businesses may be sold as a package or individually
- Business is a franchise
Contact Info
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