Auto Repair Center - Under Contract
Business Description
Never before has there been a better time to BE YOUR OWN BOSS in the multi-billion dollar automotive service industry. This well-established eight-bay auto center is a nationally recognized brand and one of the world's largest providers of automotive service, offering total car care including brakes, oil changes, exhaust, scheduled maintenance, tires, steering and suspension services. Sales have averaged $902,500 over the past three years, with average Cash Flow of $245,000, affording an Owner/Operator a lucrative salary after financing payments. Highly profitable turnkey operations already have the equipment, inventory and well trained employees in place.
Located at a major intersection in a desirable area, this Business offers a buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the community. The prime retail location has excellent visibility and proximity to nearby Highway 99. The national franchise benefits from a high brand awareness, exceptional advertising and 60+ years of experience in providing training and support systems to franchisees that are geared towards business success.
The Asking Price for this highly profitable Business is $400,000, plus $25,000 in inventory. The Business is pre-qualified for 90% Bank/SBA financing for 10 years.
Located at a major intersection in a desirable area, this Business offers a buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the community. The prime retail location has excellent visibility and proximity to nearby Highway 99. The national franchise benefits from a high brand awareness, exceptional advertising and 60+ years of experience in providing training and support systems to franchisees that are geared towards business success.
The Asking Price for this highly profitable Business is $400,000, plus $25,000 in inventory. The Business is pre-qualified for 90% Bank/SBA financing for 10 years.
About the Business
- Years in Operation
- 60
- Employees
- 5
- Facilities & Assets
- Attractive and well organized 7,500 square foot building with 8 service bays and lifts, parts storage areas, customer reception area, private offices, and large parking lot. Fully equipped for a wide range of domestic and import automotive repairs, preventive maintenance, and diagnosis. A financially qualified Buyer can assume the long- term lease at an attractive rent, with a possible option to purchase the real estate.
- Market Outlook / Competition
- Honest, personalized service has enabled the Business to gain new customers while retaining its long term loyal clientele.
- Opportunities for Growth
- Local owner/operator could grow the business by further expanded services and the fleet and wholesale operation.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 7,500
About the Sale
- Seller Motivation
- Retirement from the automotive business
- Transition Support
- Seller will provide a minimum of 2 weeks of training at 30 hours/week and additional telephone support to ensure a smooth transition. With Seller training and an experienced crew, no prior automotive background is required.
- Financing Options
- Pre-qualified for 90% Bank/SBA financing for 10 years
Listing Info
- ID
- 2356439
- Listing Views
- 1743
Attached DocumentsAttachment Disclaimer
Listing ID: 2356439 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.