Automotive Aftermarket Repair Services Company
Location: Michigan > Oakland County
Industry: Auto Related > Auto Body and Repair
Financials
Asking Price: $265,000
Gross Revenue: $441,000
Gross Revenue Comments: 2007 -- $500,000 projected in 2008
Cash Flow: $76,500
Cash Flow Comments: 2007 -- $120,000 projected in 2008
Inventory: $2,500 (Not Included in Asking Price)
FF&E: $81,000 (Included in Asking Price)
Seller Financing: Owner financing up to $85,000 to qualified buyer.
Business Summary
The Company offers "state of the art" mobile automotive repair services to local new and used car dealerships, collision shops, insurance companies, tire stores, rental car companies, auto manufacturers and retail clients. It is part of an international franchise organization that is a leader in its industry.
About the Business
Year Established: 2001
Employees: 4 full time -
Franchise: Yes
Facilities: Approximately 1,000 Sq. Ft. of Light Industrial space with garage door. Month to month lease at $1000 per month.
Market Outlook and Competition: There is no other company that offers the service arrangement provided by this franchised business. The exclusive franchise territory has many growth opportunities that have not been ventured into by current ownership. These opportunities will be explained in detail by the current owner to a serious prospective purchaser.
About the Sale
Management Training and Support: Owner will provide up to 40 hours training at no charge. Additional future consulting based on a negotiated arrangement. Franchise required training is additional as per Franchise Disclosure Document.
Reason For Selling: Owner is retirement age and ready for Arizona.
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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. Please review the full Disclaimer here.
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