He faced poverty since his father wasted away all the family wealth and incurred large amount of debts.

Due to the financial position at home he was forced to leave education after passing the then 6th Standard High School exam.

After initial struggle in Mumbai he started an automobile business for his livelihood which made some decent earnings for him.

Eventually with his entrepreneurship and hard work he established his "Deccan Motor Agency" in Girgaon, in south Mumbai (then Bombay) and earned repute as a reliable dealer in cars.

In London he not only dealt with second hand cars but he also purchased firms from businessmen taking advantage of recession.

He decided to pay back his earnings to Society to distribute his profit towards social causes like health, education etc.

The Department of Posts of India honored Abasaheb Garware with a commemorative postage stamp in 2004.