Business for Sale Overview:
Franchised Auto Transmission Shop-San Gabriel Valley Area-Seller is willing to Carry up to 50% of Purchase Price Become a franchisee of one of the most successful auto repair organizations in the country! This shop is operated by an individual who has two locations but has reached the conclusion these businesses are best operated by owner/operators. He is therefore willing to sell this shop to focus on his other location. It is the only outlet of this particular franchise located in this attractive San Gabriel Valley community. The location features 6 lifts and rent runs $4,800 per month. Current royalty rates are 5%. According to the seller, the approximate cost to establish a NEW franchise with this particular franchisor is $250,000. This location offers an established location with ongoing customer flow for less than 50% of this cost. Seller is willing to carry a note for the new owner, with a 50% down payment. Sales: $370,000. Furniture, Fixtures and Equipment: $25,000. Seller's Discretionary Cash Flow: $40,000. Asking: $119,990. Seller willing to carry up to 50%! Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
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:
Seller willing to carry up to 50% financing. 4,668 sq. ft.; rent $4,800. Lease expires 2011 - 1-5 year option available. Ample parking. Seller & franchisor will provide training & support.
Reason for Selling:
Other interests.
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.