Sell a Business!
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Ohio Business For Sale |
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| 8 BAY MEINEKE CAR CARE CENTER |
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| Attn: Dan Long |
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| Cincinnati, OH, USA |
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| Asking Price: |
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$249,000 USD USA Dollars |
| Business for Sale Industry: |
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Auto & Mech: Services & Gas Stations |
| Reason for Selling: |
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Deaths in the family require him to move. |
| Year Established: |
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2001 |
| # of Employees: |
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4 |
| Yearly Revenues: |
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$497,000 |
| Yearly Cash Flow: |
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$99,000 |
| Yearly EBITDA: |
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$99,000 |
| Yearly Net Profit: |
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$99,000 |
| Yearly Gross Income: |
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$497,000 |
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Business for Sale Overview:
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Meineke Car Care Centers have been a stable presence in the market for 30 years and has been a proven business system for over 900 franchisees. It is a name that is recognized by over 85% of all vehicle owners. If you need a six figure income and desire to be affiliated with one of the top Franchisors in the country, you need to give this center serious consideration. If you have management and people skills, Meineke will provide you with initial and on-going training, advertising, and discount purchasing. This business is priced below what one would spend to open up a new Meineke franchise of similar size.
Current owner is selling due to deaths in his family which is forcing him to move out of town. This location has had over 7 years of successful business. This center has 8 bays with capabilities of doing RV’s, heavy duty trucks, and much more. Ownership has spent a great deal of money keep up with technology so a new owner could utilize all the equipment available. It is located in a very high traffic area with excellent road frontage exposure. The area has excellent demographics with a high demand for auto repair. They have developed a very large and very loyal client base. They have a database of over 5000 previous customers of which you can market. This is an excellent location and the real estate is available to purchase as well. Meineke has expanded into general auto repair, not just brakes and mufflers, so there is a significant potential for growth. The owner and his staff will be happy to stay on to transition to a new owner.
Annual sales in the US automotive aftermarket repair and service business is approaching $200 billion. It is a market that is stable and still growing. The number of cars and light trucks is up 23% in the last 10 years. People are keeping their cars longer, the average age of vehicles has increased 11% since 1993 to 9.2 years. More people want someone to repair their car for them. As a result the automotive repair and service market is growing at approximately 5% per year. All of the facts combined create a tremendous opportunity in the growing automotive aftermarket repair and service business.
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Property Features and Assets:
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The business is situated on a major street with great street frontage. It is an impressive location with 8 bays which gives it a very professional look. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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