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Asking Price:	$175,000 USD USA Dollars
Business for Sale Industry:	Auto & Mech: Services & Gas Stations
Reason for Selling:	Other Business Location
Year Established:	1985
# of Employees:	6
Yearly Cash Flow:	$90,000
Yearly Gross Income:	$390,000

Business for Sale Overview:

Meineke Muffler is a twenty five year old auto repair franchise. This particular franchise location is in a busy urban area of Passaic County, New Jersey. Meineke Muffler is a nationally recognized, auto repair franchise with nearly 900 shops nationwide offering auto services to the general public. The business has a full staff and all equipment is included in the sale. The location is excellent due to the densely populated urban area which has a high demand for auto services. The seller has priced the business accordingly and is well below fair market value. The seller will finance the sale with approximately $40,000 down to a qualified purchaser. This is a very unusual opportunity due to the price and owner financing.

Property Features and Assets:

The site is 2,600 square feet with five repair bays and a private office. An existing five year lease with additional options is available for the new owner. Street and private parking area also available and included in the sale.

Market Competition and Expansion:

No similar auto franchise businesses exists in this particular area. With continued good service the business will maintain a substantial income.

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.