Profitable Auto Repair - Work On It, Not In It

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Asking Price:
$359,500

Gross Revenue:
$842,774
Cash Flow:
$162,418
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,500
included in asking price

FF&E:
$90,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Do you want to own your own business? Do you want an auto shop where you aren't the one in the grease? Do you like stable cash flow in good times and bad? Do you want the strength of a national franchise that is a proven winner? Do you want the hottest location in this town? Do you want a large auto repair shop where your job will be to work on it, not in it? Do you want to live in the beautiful Shenandoah Valley? Do you want only work Monday through Friday and not Saturday and Sunday? Do you want a business where your marketing efforts will make a difference? Do you want the franchise life where the recipe for success is right in front of you? Do you want a workforce already in place? Are you looking for a business that is scale-able? THIS IS THE ONE YOU WANT!

This auto repair/maintenance franchise has been in operation over 50-plus years and has a prime location on a very highly traveled street. The shop has multiple bays and houses a great workforce close to popular retailers. These resources give the business convenient access to many customers and a great deal of continued growth potential. THIS BUSINESS MAKES MONEY!

About the Business

Year Established:
2002
Number of Employees:
5 FT/2 PT
Franchise:
Yes
Facilities:
Facility is leased. Multiple lifts. There are 4 large bay doors (front and rear). Stand alone steel building with brick facade. Zoning is light industrial (B2). There is no opportunity for ownership however, the landlord loves having it rented and is willing to work with tenants to keep an occupant.
Market Outlook/
Competition:
There are 2 or 3 other competitors in the area but none have the location or strength of this franchise.
Growth & Expansion:
Potential for growth is very strong due to location in college community and growth of the area.
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About the Sale

Reason For Selling:
Due to health issues and concerns the owners are looking to sell the business.
Training/Support:
Will train for 4 weeks @ $0 cost.
Services offered include general auto repair work. Virginia State Inspection Station license, which the new owner will have to apply for. Buyer will also need to meet the franchise requirements for ownership.
Seller Financing:
Lender pre-screened with $55k down.

Listing Info

ID:
1568216
Ad Detail Views:
36

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Business Listed by

Dick Halterman CPA

Murphy Business & Financial Corporation

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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