Franchise Transmission & Auto-Repair Business

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Franchise Transmission and Auto-Repair Business for Sale!
Asking Price:
$625,000

Gross Revenue:
$980,000
Cash Flow:
$242,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$40,000
included in asking price

FF&E:
$87,000
included in asking price

Real Estate:
$650,000
not included in asking price

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Business Description

This is an independently owned and operated franchise location that has been operating for approximately 32 years and over the last three years has generated average revenues and owner cash flow of $980,000 and $242,000 respectively. The business is also licensed to sell used autos. Franchise agreement will terminate in 2019 with an option for the new owner to renew or operate independently. Located in a busy area which has proven to be a good draw for customers. This acquisition is an excellent opportunity for any company in a related or similar business or an individual(s) that wishes to operate their own business and that have strong executive business skills.

About the Business

Year Established:
1986
Number of Employees:
5
Franchise:
Yes
Real Estate:
Owned
Building Sq. Ft.:
6,200
Facilities:
6200 sf with 4 bay garage and office space in very good condition. 6 lifts including a 30,000 lb. drive-on truck lift. Available for sale or lease.
Market Outlook/
Competition:
Few auto repair businesses in the area offer the same level of services including transmission repair. The company also has an A+ rating from the Better Business Bureau.
Growth & Expansion:
The franchisor has other auto related services that could be incorporated into this business. The company is also licensed to sell used autos which they have not pursued to date.
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About the Sale

Reason For Selling:
Owner wishes to retire
Training/Support:
Seller will support a new owner through an appropriate transition period. Terms of this support to be negotiated.

Listing Info

ID:
1513898
Ad Detail Views:
258

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$
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Business Listed by

Jeff Swiggett

VR Business Sales

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U.S. Census Data for New Haven County, CT
Age

Gender

Ethnicity

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for New Haven County, CT
Income

Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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