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Business For Sale
NATIONALLY RECOGNIZED AUTO REPAIR FRANCHISE
Attn:
Chris Galbraith
Whidbey Island, WA, USA
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Listing Number: "chgtransm"
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Listing
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Asking Price: |
$80,000
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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Owner wants to work less and focus on main business |
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Year Established:
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2002 |
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# of Employees:
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2 Full Time |
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Yearly Revenues:
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$273,665 |
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Yearly Net Profit:
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$15,918 |
Business for Sale Overview:
The experienced franchise owner chose to expand and purchased this already established auto repair shop which was then converted to Lee Myles in 2002. Lee Myles franchises are nationally known with approximately 120 stores that offer local and national support. The Oak Harbor location offers transmission repairs as well as most other auto repairs including fuel injection, brakes, and cooling services. This location has a loyal clientele with 80% or more of business from the Naval Air Station just down the road. Oak Harbor Lee Myles has been awarded 4 years for its great customer service.
Property Features and Assets:
This auto shop is located on the second busiest street, just down from the Naval Air Station within a strip mall consisting of related auto businesses which offers one-stop shopping convenience. Approximately 2,500 square feet includes 2 bays capable of 3 jobs inside, an office/reception area, bathroom and upper loft. 2 Full Time employees: 1 technician and 1 Service Writer/technician. Plenty of outside parking is available.
Market Competition and Expansion:
Only 2 transmission shops on all of Whidbey Island. Location is excellent for Navy who offers up front payment and is their preferred referral. Lee Myles of Marysville rebuilds transmissions for Oak Harbor to install which allows increased production ability. The franchise offers national training as well as quarterly support with other shops within the local area.
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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