Hot Listing
Package of 2 Auto Repair Franchise Locations New Jersey
Business Description
HS Listing ID-72080
Business Type:
Two Auto Repair Franchise Locations asking price: $599k per Location
Financial Overview
Combined Gross Revenue: $988k From Jan 2-July 24.
Monthly Gross Revenue Per Location: Approximately $80,000–$100,000
Estimated Net Income: Seller states approximately $25,000 net per location Monthly after franchise fees
Payroll: $10,200/mo · Rent: $13,000/mo · Franchise Fees: $3,380/mo
Electrical: $500/mo · Phone/Internet: $250/mo · Parts: 15% of monthly gross
Both locations monthly operating costs run the same or close to the same, per seller.
Seller Financing: Available
— 50% down payment and 2-year seller note on the balance, both per location.
Lease Terms: Both locations have approximately 15 years remaining
Occupancy Costs
Rent, Taxes & CAM: Approximately $156,000 annually
Larger facility with seasonal CAM fluctuations
Seller states second location is more profitable
Sale Structure
Businesses may be sold as:
Package Deal
Individually
Final valuation subject to financial verification and due diligence
Seller Financing:
Flexible terms discussed
Potential structures include:
3-year term
Up to 8-year term
Seller Objectives-Ideal closing target: within 30–60 days
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Type:
Two Auto Repair Franchise Locations asking price: $599k per Location
Financial Overview
Combined Gross Revenue: $988k From Jan 2-July 24.
Monthly Gross Revenue Per Location: Approximately $80,000–$100,000
Estimated Net Income: Seller states approximately $25,000 net per location Monthly after franchise fees
Payroll: $10,200/mo · Rent: $13,000/mo · Franchise Fees: $3,380/mo
Electrical: $500/mo · Phone/Internet: $250/mo · Parts: 15% of monthly gross
Both locations monthly operating costs run the same or close to the same, per seller.
Seller Financing: Available
— 50% down payment and 2-year seller note on the balance, both per location.
Lease Terms: Both locations have approximately 15 years remaining
Occupancy Costs
Rent, Taxes & CAM: Approximately $156,000 annually
Larger facility with seasonal CAM fluctuations
Seller states second location is more profitable
Sale Structure
Businesses may be sold as:
Package Deal
Individually
Final valuation subject to financial verification and due diligence
Seller Financing:
Flexible terms discussed
Potential structures include:
3-year term
Up to 8-year term
Seller Objectives-Ideal closing target: within 30–60 days
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Franchise
- This business is an established franchise
Real Estate
- Owned or Leased
- Leased
- Rent
- $13,000 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2533270
- Listing Views
- 868
Listing ID: 2533270 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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