Two Auto Repair Franchise Locations, Passaic County NJ

$2.0M

Revenue

$1.0M

SDE

1.9x

Multiple

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Full Editorial Writeup

HS Listing ID-72080 Business Type: Two Auto Repair Franchise Locations asking price: $950k per Location Financial Overview Combined Gross Revenue: Approximately $1.9M–$2.4M annually Monthly Gross... Businesses Franchises Brokers a6301374279843840.cdn.optimizely.com a6301374279843840.cdn.optimizely.com is blocked This page has been blocked by an extension Try disabling your extensions. ERR_BLOCKED_BY_CLIENT Reload This page has been blocked by an extension Loading... Package of 2 Auto Repair Franchise Locations New Jersey Passaic County, NJ Asking Price:$1,900,000 Cash Flow (SDE):$1,000,000 EBITDA:Not Disclosed Gross Revenue:$2,000,000 Established:Not Disclosed Package of 2 Auto Repair Franchise Locations New Jersey Business Description Package of 2 Auto Repair Franchise Locations New Jersey HS Listing ID-72080 Business Type: Two Auto Repair Franchise Locations asking price: $950k per Location Financial Overview Combined Gross Revenue: Approximately $1.9M–$2.4M annually Monthly Gross Revenue Per Location: Approximately $80,000–$100,000 Combined Payroll: Approximately $14,000–$15,000 monthly Estimated Net Income: Seller states approximately $500,000 net per location annually after franchise fees Seller Financing: Available Lease Terms: Both locations have approximately 15 years remaining Occupancy Costs Location 1 Rent & Taxes: Approximately $80,000–$85,000 annually Location 2 Rent, Taxes & CAM: Approximately $130,000–$140,000 annually Larger facility with seasonal CAM fluctuations Seller states second location is more profitable Sale Structure Businesses may be sold as: Package Deal Individually Final valuation subject to financial verification and due diligence Seller Financing: Flexible terms discussed Potential structures include: 3-year term Up to 8-year term Seller Objectives-Ideal closing target: within 30–60 days A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION Ad#:2533270 Detailed Information Support & Training: Yes. Reason for Selling: Other business interests. Franchise: This business is an established franchise Business Location Location: Passaic County, NJ Real Estate: Leased Financial Benchmarks for New Jersey Auto Repair and Service Shops Gross Revenue Benchmarks Cash Flow (SDE) Benchmarks EBITDA Benchmarks BizBuySell EDGE Demographic Information for Passaic County Area Household Income Population Age Population Trend Population by Race/Ethnicity BizBuySell EDGE Listing Statistics Saved This Listing Listing Last Updated Appeared in Search Listing Detail Views BizBuySell EDGE Know the True Market Value Before You Make an Offer Get valuation data to negotiate with confidence. Get a Valuation Report Business Listed By: Mike Steinberg Hedgestone Business Advisors View My Listings Phone Number 516-447-8146 Voice only (no SMS) Ad#:2533270 The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any ad. Learn how to avoid scams. Contact Form Full Name* Enter a valid Full Name Phone Number Enter Phone Number Email Address* Enter Email Address Optional Message Yes, send me the Buyer Newsletter for popular businesses, tips, & email promotions. Show sellers you’re serious - learn about BizBuySell Edge for premium buyer tools & alerts Send Message By clicking the button, you agree to BizBuySell’s Terms of Use and Privacy Notice Business Listed By: Hedgestone Business Advisors Hedgestone Business Advisors View My Listings Phone Number 516-447-8146 Voice only (no SMS) Your request has been sent. What Happens Next? is reviewing your details. A representative will reach out soon to discuss your options. Expect a response in 1-2 business days. Report an issue with this listing Similar Listings Auto Repair and Service Shops for Sale Other Service Businesses for Sale All Businesses for Sale in Passaic County Branded Gas Station with Repair Shop - RE Included Mount Laurel, NJ Asking: $2,500,000 Express Exterior Car Wash with Land Camden County, NJ Asking: $2,200,000 8 Beautiful and rustic vibe, wedding venue with property. 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Why we like it

Auto repair is genuinely recession-resistant demand. Aging vehicles, high new-car prices, and non-deferrable safety repairs keep both shops busy through downturns, and the recurring nature of maintenance provides a steady revenue base rather than one-time project income.
The lease position is a real asset. Both locations carry roughly 15 years of remaining term, which eliminates the relocation and renewal risk that kills value in retail service businesses and gives a buyer a long, stable operating window.
The franchise structure de-risks the operator learning curve. Standardized systems, brand recognition, national marketing, warranty programs, and vendor pricing lower the ramp for a new owner compared to buying an independent shop with no playbook.
Deal flexibility works in the buyer's favor. The seller will sell the package or single locations, offers financing on terms up to eight years, and wants a fast 30 to 60 day close, which creates leverage to structure around verified rather than claimed earnings.
Optionality between two sites. The seller states location two is more profitable, so a buyer can cherry-pick the stronger unit, negotiate the weaker one separately, or use the spread to price the package below the blended asking.

How to improve it

Rebuild the P&L from bank statements and franchisor sales reports before doing anything else. The claimed $1M cash flow on $2M revenue is a 50 percent margin that is far above auto repair norms, so isolate which portion is real EBITDA versus owner labor and aggressive add-backs.
Attack car count and average repair order per location. Layer in menu-based service selling, digital vehicle inspections, and disciplined technician upselling to lift ticket size and shop throughput, the two levers that move an auto shop faster than anything else.
Renegotiate the occupancy load on location two. That site carries $130k to $140k in rent, taxes, and CAM versus $80k to $85k at location one, so audit the CAM reconciliations and press the landlord on caps, because uncontrolled CAM directly compresses your margin.
Install a technician retention and staffing plan. Combined payroll of only $14k to $15k monthly across two full-service shops looks thin, so verify staffing levels and build a compensation and certification path, since tech shortages are the number one constraint on repair capacity.
Add or expand tire, alignment, and fleet-account revenue. These are high-frequency, sticky categories that smooth seasonality; landing a few local commercial fleet contracts creates predictable weekly volume that consumer walk-in traffic cannot match.
Systematize online reputation and local search. Auto repair buying decisions are driven by Google reviews and proximity, so a disciplined review-generation and local SEO program at both stores can lift high-intent traffic with minimal spend.
Implement a real financial dashboard tracking gross profit by department. Break out parts, labor, tires, and service so you can manage the business by margin rather than the seller's blended net figures, which will tighten pricing and inventory decisions.

Diligence notes

Verify the earnings claim with third-party evidence. The seller states roughly $500k net per location after franchise fees, but that must be reconciled against tax returns, franchisor royalty statements, merchant processing records, and payroll filings before any offer stands.
Confirm the franchise transfer terms and remaining agreement length. Understand transfer fees, franchisor approval requirements, required capital reinvestment or remodels, royalty and marketing fee structure, and whether both franchise agreements have enough runway to match the 15-year leases.
Scrutinize the wide revenue range and true owner involvement. A $1.9M to $2.4M band signals uncertainty; determine actual trailing-twelve revenue per location and how much of the cash flow depends on the seller working in the shop versus a hired manager.
Audit occupancy and CAM at location two. With $130k to $140k in annual rent, taxes, and CAM and stated seasonal CAM fluctuations, request the full leases, CAM reconciliations, and estoppels to confirm your fixed-cost exposure over the lease term.
Assess staffing depth and technician certifications. With reported payroll near $14k to $15k monthly, verify headcount, ASE certifications, wage rates, and turnover, because understaffing or a single-tech dependency would materially undercut the earnings story.
Pressure-test the sub-2x multiple. Franchised auto repair rarely trades this cheap on real cash flow, so treat the low multiple as a signal to find what the seller is not showing rather than as a bargain until the numbers are independently confirmed.

Source

Originally listed on BizBuySell. View original listing →