Hot Listing
Midas Service Center, Top Performer!
Business Description
Looking for a profitable service center with an experienced team in place and real capacity to grow? This Trumbull County Midas franchise fits that description, with revenue that has climbed from $1.4 million to $1.8 million in the past few years and an experienced General Manager already running day-to-day operations.
Earnings now exceed $400,000, generated from a broad, diversified mix of everyday repair and maintenance services. That performance rests on decades of loyal, repeat customers and a reputation built on brand strength and local word of mouth.
The facility spans approximately 4,000 square feet with six service bays and six lifts, located in a high-traffic, highly visible market area, and operates under a lease with significant remaining term.
The sixth bay has not yet been staffed, meaning the company has room for growth! Current numbers have been achieved with minimal local marketing, limited social media presence, and without discount programs, leaving opportunity to increase revenues in the coming years.
Opportunities for financing should be discussed with the broker. DO NOT CONTACT the owner of this business directly.
Earnings now exceed $400,000, generated from a broad, diversified mix of everyday repair and maintenance services. That performance rests on decades of loyal, repeat customers and a reputation built on brand strength and local word of mouth.
The facility spans approximately 4,000 square feet with six service bays and six lifts, located in a high-traffic, highly visible market area, and operates under a lease with significant remaining term.
The sixth bay has not yet been staffed, meaning the company has room for growth! Current numbers have been achieved with minimal local marketing, limited social media presence, and without discount programs, leaving opportunity to increase revenues in the coming years.
Opportunities for financing should be discussed with the broker. DO NOT CONTACT the owner of this business directly.
About the Business
- Years in Operation
- 68
- Employees
- 7 (6 Full-time, 1 Part-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- A 4,000-square-foot shop with six service bays and six lifts in a high-traffic, highly visible location, operating under a lease with significant remaining term.
- Market Outlook / Competition
- This service center is top dog!
- Opportunities for Growth
- Staffing the open sixth bay, adding local marketing, and optimizing pricing all offer near-term upside without expanding the facility.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- Will train for 4 weeks @ $0 cost.
Listing Info
- ID
- 2550847
- Listing Views
- 16
Listing ID: 2550847 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.
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