2041 State Rte 27 Hwy Franklin, NJ
- Commercial real estate
- 0.44 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2041 State Rte 27 Hwy
- Year built
- 1970
- Lot size
- 0.44 lot acres
- Property type
- Commercial real estate
Description
This exceptional opportunity presents the chance to acquire a well-established automotive garage and business located at 2041 State Route 27 Highway in Franklin, New Jersey. Situated on a 0.44-acre lot in a prime location on busy Highway 27, this property benefits from a strong customer base within a desirable catchment area between New Brunswick and Franklin Township. Established in 1991, the business boasts a substantial customer record exceeding 5,000 past and present clients. The property itself comprises approximately 4,500 square feet and includes three service bays equipped with five lifts, ensuring a smooth and efficient operation. This turnkey operation is offered as a package deal, including the property, the established business, and a towing truck operation. The sale also includes a valuable New Jersey car dealer license. A non-compete agreement with the current owner, who is relocating to Florida, provides a significant advantage for the new owner. This is a rare opportunity to acquire a profitable and established business with significant growth potential in a high-traffic location. The asking price for this complete package is $950,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.5117
- Latitude
- 40.4574