MLS® ID: 1919096
42-46 Industrial Avenue
Fairview, New Jersey, 07022 $2,500,000
Excellent opportunity to buy a retail property together with the lucrative auto body business. The well established auto body business generates approximately $900,000 for annual revenue and $300,000 for net operating income. Included in the sale are dealer license, car rental license and all other equipments such as paint oven, 4 lifters, air compressors, frame machines, and bobcat for snow removal, etc. There are three levels in the building with 2 huge auto body shop facilities and five office rooms, 1 waiting room and large storage rooms. The first and second levels are used for auto body shop. Three months on the job training will be provided to the buyer. For financing, up to $2.0 million is already approved by the bank and partly by owner's mortgage. The required cash down by the potential buyer is $500,000.