High Cash Flow Automotive Franchise - Limited Owner Involvement
Business Description
This is a high cash flow auto repair business where the owner has limited involvement and does not fix cars. The business is a franchise so there are proven systems in place. Automotive experience is not necessary to own this business. The shop is run by 1 service manager and 3 automotive technicians. The owner works approximately 20 hours a week. The owner is only on-site one day a week; the rest of the owner’s duties are performed remotely. The owner’s job duties include overseeing marketing, bookkeeping, running payroll, paying bills, reviewing financials, and general oversight. The business performs a full range of automotive repair and maintenance services such as oil changes, brakes, batteries, engine tune-up and repair, transmission, cooling system service, computer diagnostics, factory scheduled maintenance, etc. The shop works on approximately 10 cars per week with the average repair order (RO) being $2,600+. The business has been established since the 1980s. This is a rare opportunity to purchase a well-established and highly profitable auto repair franchise and bring it to the next level. The buyer needs to pay a $6,000 franchise transfer fee and a $3,000 training fee to attend four weeks of training offered by the franchisor.
About the Business
- Years in Operation
- 45
- Franchise
- This business is an established franchise
- Facilities & Assets
- The shop is located on a busy street with excellent visibility. The premise has 4 bays, 4 lifts, and enough parking space to fit over 25 cars depending on the size of the vehicle.
- Market Outlook / Competition
- This is highly desirable auto repair shop with a long established history, good reputation, and consistent growth in revenues from year to year. There is always demand for auto repair services because people need cars for transportation. Being a franchisee also offers many advantages including an established brand name, proven systems, and extensive training and support from the franchisor.
- Opportunities for Growth
- As an owner with limited time involvement, the seller has not taken advantage of all possible growth opportunities. A new owner with fresh energy can follow the proven system and grow the business to the next level.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- The franchisor will provide extensive classroom and hands-on training.
- Financing Options
- Cash at closing. Broker can assist buyer with obtaining bank financing.
Listing Info
- ID
- 2421346
- Listing Views
Listing ID: 2421346 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 of Use. Learn how to avoid scams.