This well established AAMCO franchise has both very strong cash flow and a prime automotive repair facility for sale. The owner manages the business and is not a mechanic turning wrenches. The buyer does not need an automotive background.The business has had consistently strong revenues and profits for many years and the well equipped facility is totally turnkey. Located prominently on a very busy roadway in Virginia Beach, the highly visible store is well known in the community. AAMCO is THE leader in transmission replacement and repair and is a leader in total car care. With excellent support and reasonable franchise fees, AAMCO is a very highly rated franchise by Entrepreneur Magazine, Franchise Times and America's Best Franchises. This is a rare opportunity to buy a totally turnkey business and prime real estate together. The real estate is selling for an additional $375,000 and must be purchased with the business.
About the Business
The property is selling for an additional $375,000 and must be purchased with the business. More will be disclosed about the real estate with a confidentiality form in place.
Well established and strong cash flowing business on prime real estate
Growth & Expansion:
The owner is the manager of the business. He is not a mechanic turning wrenches. The buyer doesn't need an automotive background.
Seller will provide. Franchisor will provide as well.
Ad Detail Views:
Asking Price: $449,500 Gross Revenue: $802,685Cash Flow: $184,538 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $25,000 included in asking priceFF&E: $90,000 included in asking priceReal Estate: $375,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
AAMCO Franchise (Strong Cash Flow W/ Prime Real Estate)
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 & Conditions.