Business Overview:
Franchised auto care shop with 5 bay service center in top 25% category company-wide. Current owner has 1 manager and 3 employees that handle a “One-Stop” facility. Services provided are: Computer Diagnostics, Brakes, Tires, Alignment, Towing, Custom & Replacement Exhaust, Complete engine repairs. Recently purchased latest tech equipment for tire balance, laser alignment and on the care brake lathe. Asking price includes $95,000 of equipment & $30,000 of inventory.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Rental facility – current lease $3,700 month. Location has significant growth potential (40,000 lift), 5 bay, 5,000 sq. ft. location. Equipment, Inventory & Franchise Fee is worth $155,000. ($95,000 equipment, $30,000 Inventory valuation). Rent factor is running less than 8% of Gross sales. Payroll cost is running 18 to 21% and COGS is 28%. All these percentages reflect a soundly run business.
Market Competition and Expansion:
Business is located near the highest traffic count intersection in the county. Have sent shoppers out to the top 5 competitors to prove we are highly competitive. “Big Truck” lift could produce an additional $150k per year that will produce the owner a total debt payoff in 2 years.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.