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Business For Sale
AUTOMOTIVE AFTERMARKET FRANCHISE
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Asking Price: |
$150,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Car Wash, Detailing
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Reason for Selling:
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Corporate Store for acquisition |
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Year Established:
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2005 |
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# of Employees:
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2 ft, 1 pt |
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Yearly Revenues:
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$304,000 |
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Yearly Cash Flow:
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$8,500 |
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Yearly Gross Income:
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$205,000 |
Business for Sale Overview:
Auto One is an established franchisor in Automotive Aftermarket working hard to become the recognized go-to location in their market areas for Auto Glass Repair and Replacement. Auto Electronics such as navigation, alarms, remote starters, etc. Auto Accessories such as tonneau covers, bed liners, step rails, sunroofs, etc. Auto Appearance & Protection such as window tinting, detailing, and undercoating is looking for solid team members as the franchised store owners to support the growth. This store opened for business in August 2005 as a company store intended for future purchase by a franchisee operator. The corporate management team has established a business base and community presence that now needs the creative energy of the right owner /operator. The one year old store is located in the newly created center of town in a new building. Wixom is a growing area with good solid demographics to support this type of operation. There is little direct competition. This store also has the advantage of the Verizon Cellular outlet that will not be available to all Auto One locations.
Property Features and Assets:
Operating Corporate store located in Wixom, Michigan. This is a new stand-alone 1900 sq. ft leased facility in the heart of downtown Wixom at the corner of Wixom Rd. and Pontiac Trail.
Market Competition and Expansion:
A new ownership team purchased this 20-year-old franchise in 2002 and has worked hard to focus and re-energize the organization. Under-performing stores have been sold to new owners or closed. At the corporate level, energy has been invested to build brand recognition in the primary service line of Automotive Glass Repair and Replacement. Optimized Internet presence now directs leads to the closest store for immediate processing with the option of either in-store or mobile repair. Utilization of the highest industry repair standards has brought positive recognition from the insurance industry. Secondary product and service lines have initially been strengthened through Internet and local marketing. Profitability for the individual storeowner continues to be supported through corporate purchasing arrangements with cooperative component suppliers while providing flexibility to use locally negotiated supply agreements. Additional product and promotional support for the storeowners is in the planning and implementation stages as well as increasing the depth of corporate level brand promotion.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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