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Business For Sale
SPECIALTY AUTO REPAIR ($600K SALES) - $90K INCOME
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Asking Price: |
$225000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Other business interests. |
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Year Established:
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1982 |
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# of Employees:
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3 |
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Yearly Revenues:
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$595,000 |
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Yearly Cash Flow:
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$90,000 |
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Yearly EBITDA:
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$90,000 |
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Yearly Net Profit:
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$90,000 |
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Yearly Gross Income:
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$595,000 |
Business for Sale Overview:
Established over 25 years ago in this eastern Cincinnati suburb, this well known auto repair franchise location has been professionally run by the current owner for 15 years. It has recently been recognized for having over 10 years without a customer complaint. It has qualified for an SBA loan so a buyer can keep his initial investment reasonable. Current cash flow exceeds $90,000 so you will make money from day one. Current value of inventory and equipment exceeds $100,000 which is included in the asking price. Current excellent management and staff are in place for a new owner to have success from the onset. Seller has invested much money in computers, software, and scanning equipment to ensure that his facility is state of art.
For more than 40 years, people from all walks of life have prospered as franchisees. Successful dealers come from backgrounds in corporate management, accounting, the legal profession, finance, retail store management, insurance, engineering, apparel manufacturing and hundreds of others. A well established national fleet program builds your sales volume with consistent repair volume. It is a retail business without those long retail hours. You have a skilled work force with typically only 3-5 employees. This is a high ticket service you provide with a manageable number of customers per week. You have a built-in customer base due to a brand known by 98% of motorists due to the over 800 locations nationwide. You have an opportunity to own your own real estate as the seller will consider selling his property. They are far and away the leader in the $7 billion specialty auto repair business. Although known for specialty repairs, they can offer all auto repairs that the owner elects to offer. In addition, the warranty you offer is unsurpassed in the industry. Seller will provide training in addition to the training provided by the franchisor at its home office.
Additional Details:
- The property is owned.
- 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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