Auto Repair/Maintenance Franchise with Excellent Location

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Franchise Auto, Prime Location, Consistent Cash Flow
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

This auto repair/maintenance franchise has been in operation over 10 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 assets give the business convenient access to many customers and a great deal of continued growth potential.

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

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