Property summary
This exceptional opportunity presents a well-established, award-winning auto body supply wholesaler in Passaic, New Jersey. The business, operating since 1947, boasts a loyal customer base and a prime location on a high-traffic main street. The 9,500 square foot retail space includes a 25' x 100' parking lot directly connected to the building, plus additional street parking. The business offers a comprehensive inventory, including auto paints, refinishing materials, solvents, abrasives, tools, and equipment, and is an exclusive PPG dealer. The extensive product line ensures a strong position in the market, catering to the needs of auto body shops and professionals. The current owner has deep ties within the automotive community, contributing to the business's long-standing success. With consistent walk-in traffic and six-day-a-week operation, this business is poised for continued growth under the right ownership. The asking price is $2,750,000. This is a rare chance to acquire a profitable, established business with significant potential for expansion. The building was constructed in 1947.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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